Keppel Corp Stock code BN4.SGX
Outlook
Price is above the cloud and both Conversion and Base lines had a bullish crossover, hinting of a bullish trend. Price has move above an important resistance at $6.39. This resistance has capped price advance in the past on 3 occasions. Price could be about to move towards the gap resistance at $6.88 if it can stay above the important resistance at $6.39. MACD has turned bullish and is rising. MACD is also trying to break above a declining trend line that connects the previous two peaks. A move above would be a confirmation of the bullish trend. The target would be the gap at $6.88
Strategy
$6.40 Buy
$6.88 Price Target
$6.19 Risk Management Stop
3 weeks Trade Duration
Sembcorp Ind Stock Code U96.SGX
Outlook
Price has moved above the cloud, and Conversion and Base lines could be about to have a positive crossover. Price has broken above a declining trendline and is trying to move about another declining trendline. A move above would be a bullish sign. MACD is about to turn bullish and is rising. MACD had a bullish divergence warning earlier, hinting of a price bottom. A move above $2.64 would target the next resistance at $2.74.
Strategy
$2.64 Buy
$2.74 Price Target
$2.58 Risk Management Stop
2 weeks Trade Duration
