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Thursday, February 11, 2016

Keppel Corp

Keppel Corp - 11th Feb 2016

Keppel Corp seems to be in a bearish mode as reflected on the chart.
Looks like very high chance that it may go down to re-visit the previous low of $4.64 .


The current price of $4.74 is hovering below both 14SMA & 25SMA lines which is generally rather negative.
Breaking down of $4.64 with high volume that may drive the share price to trend further down towards $4.50 with extension to $4.00.
(trade base on your own decision)

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