CFD Trading – Buy KEPPEL CORP (BN4.SGX) @ $7.18. Stop @ $6.98 and Target @ $7.80.

KEPPEL CORP   Stock Code BN4.SGX

Outlook

The chart outlook remains strong and bullish as price is trading far above the cloud. Price was supported by the gap support zone that created on 28 July, coinciding with the Fibonacci 50% correction point as well as the conversion line support. MACD is also strong and bullish. We are likely to see price rebounding to move higher.

Strategy

$7.18           Buy

$7.80          Price Target

$6.98          Risk Management Stop

3 weeks      Trade Duration

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