Keppel Corp seems to be showing sign of moving up to re-test the previous high of $5.24.
Both MACD & RSI are also showing sign of a positive divergence that may provide further indication for the share price to head higher. This is generally quite positive.
With Dow last Friday closed +390 points and oil prices went up , Kep Corp may see further upside from the current price of $5.02 (29th Jan 2016).
Breaking out of $5.24 with good volume that may propel to drive the share price higher towards 5.50 with extension to $6.00.
If later price dropped below $4.69 then perhaps this Reversal trend may not come true.
Entry price $5.24
Stop Loss - $4.80.
TP - $5.50 to $6.00
STI market is down on a downtrend mode.
Any profit will be always good to secure first.
Cannot be greedy in this kind of situation.
(trade base on your own decision)
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