Keppel Corp Stock Code BN4.SGX
Outlook
Price closed below the cloud in the previous trading session, changing the chart outlook to bearish. Conversion and Base lines had a bearish crossover, hinting at a bearish price trend. Lagging Span is below price of 26 days ago but is inside the cloud. MACD had a bearish crossover and is hinting at a bearish price trend. We think price is likely to move lower to the previous price support at $6.74 in the next 2-3 weeks.
Strategy
$7.10 Sell
$6.74 Price Target
$7.25 Risk Management Stop
3 weeks Trade Duration
