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Thursday, July 30, 2020

Keppel Corp

Chart wise, looks rather bearish!
Today we have witnessed a wide bearish bar down 20 cents to close lower at $5.40, seems rather negative.


The result was out after trading hours and recorded a net loss that may be the reason why price tanked during the trading hours. 


Interim dividend was slashed from 8 cents to 3 cents.
I think, short term wise doesn't look rosy!

Likely to see further selling down pressure and may see price sliding down to retest $4.90 again!

Not a call to buy or sell.
Pls dyodd.

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