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Tuesday, May 29, 2018

Keppel Corp

With the Gap down yesterday looks rather bearish! The MA is about to turn down .MACD is showing sign of negative divergence. Likely to test 7.80,7.70 then 7.50.

Brent crude oil rose on Tuesday, paring losses triggered by expectations that Saudi Arabia and Russia could pump more crude to compensate for a potential supply shortfall.
Brent crude futures were up 52 cents at $75.82 a barrel at 9:46 a.m. ET (1346 GMT), after settling on Monday at their lowest since May 8 at $75.30.



U.S. West Texas Intermediate (WTI) crude was down 94 cents, or 1.4 percent, at $66.94 a barrel, sitting around its lowest since April 17. (Cnbc.com)

Looks like oil price may go lower to test $65 then $60.

Dow drops 150 points as Italy worries unsettle euro zone.


I think short term wise Kepcorp price may trend lower .




Not a call to buy or sell.
Please do your own due diligence.




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