Monday 1 December 2014

Keppel Corp price move from Ground Floor to Basement!

Keppel Corp broke $9 support, next support is $8, $7.50, $7.. maybe more, however the price had drop over 20%, technical rebound soon due to oversold. This correction repeats 2011 price chart pattern. Still ask can hold or not?? Can you bear the pain or not?

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3 comments:

  1. FF1 December 2014 at 21:50

    Any assessment on why there is a drop?

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    1. Unknown2 December 2014 at 09:21

      Hi FF, my view is mainly on price chart. Keppel Corp on 29 Jul 2014 price tested resistance $11.03 and second attempt on 28 Aug 2014 fail, Gap down with volume and broke trend line on 12 Sep 2014 and several down bar (3 black crow candle stick pattern) all these were sell signal. On 7 Oct 2014 down trend was inevitable.

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  2. Web Hosting Pro7 August 2020 at 23:39

    Thanks for sharing.

    Best Regards From Team,
    Find More Trading Stocks Relate Info @ FinancialStockPrice.com

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