CFD Trading – Sell Keppel Corp (BN4.SGX) @ $6.85. Stop @ $7.10 and Target @ $6.45.

Keppel Corp Stock Code BN4.SGX


Price broke below the cloud in the previous trading session, changing the chart outlook to bearish. A bearish Flag chart pattern is also hinting at a bearish price trend. Conversion and Base lines had a bearish crossover earlier, hinting at a bearish price trend. Lagging Span is below price of 26 days ago but is above the cloud. MACD is bearish with both lines below the zero line. We think price is likely to move lower to the flag target at $6.40 in the next 2-3 weeks.


$6.85                 Sell

$6.45                 Price Target

$7.10                 Risk Management Stop

3 weeks              Trade Duration

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