Keppel Corp Stock Code BN4.SGX
Outlook
Price was supported by the cloud as well as the Conversion line, keeping the bullish price trend intact. Conversion and base lines had a bullish crossover, hinting at a bullish price trend. Lagging Span is above price of 26 days ago and is inside the cloud. MACD has a bullish crossover and there was bullish divergence warning when price hit the low at $5.04. MACD is moving higher, hinting at a bullish price trend. We are expecting price to move up to the next price resistance at $5.57 in the next 2-3 weeks ahead.
Strategy
$5.35 Buy
$5.57 Price Target
$5.22 Risk Management Stop
3 weeks Trade Duration
