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Thursday, December 19, 2013

KepLand

Update for Keppel Land 20th Apr - KepLand had continued to trade new high after a impressive breakout of $3.34 on 28 Mar and managed to close well at $3.57 on 17th April 2014.
All 3 indicators are pointing upwards which is rather positive. Short term is more likely to head higher towards $3.70.(trade base on your own decision) 

Update for Keppel Land 5th Apr - KepLand had continued to rally all the way to close at 43.43 on 4 April. Short term seems over-extended. More likely to pause or retreat lower before setting the next direction. Breaking down of $3.35 may see it goes down towards $$3.30 then $3.20.(trade base on your own decision)

Update for Keppel Land 28th Mar - KepLand had a good bounced off from the low of $3.11 on 21st Mar 2014 and risen up all the way to $3.34 on 28th Mar. This is super impressive. From TA point of view it has been over-extended. Short term is better to lock in your profit and more likely to retreat towards $2.24 - $2.27. (Trade base on your own decision)

Update for Kepland 13th Feb 2014 - kepland has managed to bounce off from the low of $3.07 on 4th Feb and risen up to close at $3.17 on 12 Feb. This is quite positive. All 3 indicators such as MACd, RSI & Stochastic are turning upwards which may further support the prices from going up. Immediate resistance is that it will need to cross over $3.30 then $3.35 in order to rise up further.
(trade base on your own decision) 
Update for Kepland 10th Jan 2014 - Kepland has broken the key support of $3.20 yesterday and closed at $3.17 with high volume. This is rathr negative. Short term may goes down to test $3.00 soon.
(trade base on your own decision)

Update for kepLand 9th Jan 2014 - Kepland indeed went down to touch $3.18 and managed to closed at $3.20 yesterday. From chart-wise point of view it seems to have formed a hammer . RSI is showing sign of turning up.Wait for the confirmation signal to see if it is able to bounce off from here. Crossing over of $3.30 with good volume that may reverse this downtrend.
(trade base on your own decision)

update for KepLand 2nd Jan 2014 - Kepland is slowly edging up. It will needs to breakout $3.40 in order to reverse this down trend. All 3 indicators are turning upwards which is quite positive.
Wait for the confirmation signal if you are thinking to Long.
(trade base on your own decision)

KepLand from chartwise point of view is very bearish. It has just broken down the support at $3.30. All three indicators such as MACD, RSI & Stochastic are still in down trend mode.
It may go down to test $3.20 and then $3.10.$3.00 will be be the next support level.

(trade base on your own decision)

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