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Monday, September 26, 2016

Keppel T&T

Keppel T&T - 26th Sept 2016

Keppel T&T had a very impressive breaking out of $1.74 on 21st Sept 2016 and closed well at 1.795 couple with high volume this is rather bullish.

The current price is staying above the SMA lines which is generally quite positive.



Also both Macd & Rsi are still rising which may provide further indication that the share price may continue to trend higher.

Short term wise, I think it may likely move up to re-test 1.82. Breaking out of 1.82 with good volume that may propel to drive the share price higher towards 1.90 with extension to 2.00.
(trade base on your own decision)

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