KEPPEL CORP Stock Code BN4.SGX
Outlook
Price is having a price correction after reaching a price top at S$6.57. Price attempted to rebound but was capped by its 20MA resistance point. The RSI has given divergence warning and it is falling below its neutral level, hinting at more downside ahead. We are likely to see price continuing its downward strength to move lower.
Strategy
$6.34 Sell
$5.97 Price Target
$6.50 Risk Management Stop
3 weeks Trade Duration
