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Saturday, May 18, 2019

Keppel Corp

TA wise, Super bearish!
I think high chance to go below 6.00 and retest 5.78 then 5.67 with extension to 5.50 .

Pls dyodd.

18th May 2019
Last Friday it has broken down the recent low of 6.38 coupled with quite a high volume ,looks rather bearish!



The current price of 6.34 is staying below it's SMA lines looks rather negative and may likely continue to trend lower.


Short term wise, I think it may likely go down to retest 6.20 then 6.00 with extension to 5.80 level.

Not a call to sell or buy.

Pls dyodd.


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