Now at 6.95 below out first target at 7.00, more downside? Be a client to find out “LIVE”
Sent: Monday, August 03, 2015 12:21 PM
Subject: ******** Keppel Corp: Broke Down 7.90 level last Friday furiously, more downside below 7.50 now ! price 7.51
Subject: ******** Keppel Corp: Broke Down 7.90 level last Friday furiously, more downside below 7.50 now ! price 7.51
Keppel Corp has broke down below the 7.90 support level last Friday that has held above since December last year. We are seeing some support at the 7.50 level now with huge buyers stacked at that level about 680k shares at the moment. Note that any further breakdown below this level can see it trade to 7.00 then 6.80. Seeing some resistance at 7.65 at the moment. Longer term MA lines are still pointing downwards and trend looks weak. CFD SELL can be used to ride the downside further on clearing of the whole chunk of buyers at 7.50, am monitoring…. Cautious long below.
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