Keppel Corp Stock Code BN4.SGX
Tag: Keppel Corp
CFD Trading – Sell Keppel Corp (BN4.SGX) @ $5.22. Stop @ $5.37 and Target @ $4.81.
Keppel Corp Stock Code BN4.SGX
Outlook
After reaching a low of $4.81 on 1 February 2021, price has moved higher but is currently being capped by the lower edge of the cloud. Inability to move above the cloud has kept the bearish trend intact. Conversion and Base lines are close to each other after a bullish crossover but Lagging Span is above price of 26 days ago but is inside the cloud. Base, Conversion and Lagging Span are unable to confirm the bearish trend. MACD remains bearish with both its lines below the zero line. We are expecting price to decline to the support level at $4.80
Strategy
$5.22 Sell
$4.81 Price Target
$5.37 Risk Management Stop
3 weeks Trade Duration
CFD Trading – Buy Keppel Corp (BN4.SGX) @ $5.35. Stop @ $4.99 and Target @ $6.00.
Keppel Corp Stock Code BN4.SGX
Outlook
Price could be forming a Triangle chart pattern. This is usually a continuation pattern and means there will be another rally ahead once the consolidation pattern is completed by a breakout of the Triangle. Conversion and Base lines had a bullish crossover earlier, confirming the bearish trend. Lagging Span is above price of 26 days ago and is above the cloud, confirming the bullish trend. MACD remains bullish with both its lines high above the zero line, which is a hint of a strong bullish price trend. We are expecting price to test the $6 which is the Triangle chart price target.
Strategy
$5.35 Buy
$6.00 Price Target
$4.99 Risk Management Stop
3 weeks Trade Duration
CFD Trading – Buy Keppel Corp (BN4.SGX) at $5.09. Stop at $4.89 and Target at $5.40.
Kepel Corp Stock Code BN4.SGX
Outlook
Price broke above the cloud on 16 November, which could be the start of a bullish trend. Price had formed an Ichimoku reversal earlier in early November as well, confirming the bullish trend. Conversion line and Base line had a bullish crossover confirming the bullish trend. Lagging Span is above price of 26 periods ago but is inside the cloud at the moment. MACD is bullish and both its lines are high above the zero line, hinting of a strong bullish price trend. Price could be heading to the next resistance point at $5.40.
Strategy
$5.09 Buy
$5.40 Price Target
$4.89 Risk Management Stop
3 weeks Trade Duration
CFD Trading – Capitaland & Keppel Corp
Capitaland Stock Code C31.SGX
Outlook
Price broke above the cloud yesterday, after breaking above a recent high just two days ago. This could be the start of a new bullish trend. Conversion and Base lines had a bullish crossover, confirming the bullish trend. Both Conversion and Base lines are pointing up and both their slope are steep, which is a hint of a strong bullish trend. Lagging Span is above price of 26 days ago but is currently just below the cloud. Lagging Span is at the thin part of the cloud and could move above the cloud over the next few days to confirm the bullish trend. MACD is turning up and both its lines are above the zero line. We expected price to move higher to the next resistance at $3.50
Strategy
$3.18 Buy
$3.50 Price Target
$2.97 Risk Management Stop
2 weeks Trade Duration
Keppel Corp Stock Code BN4.SGX
Outlook
Price broke above a recent high resistance yesterday and closed above the recent high. It also formed a V structure and this could be the start of a new bullish trend. Conversion and Base lines had a bullish crossover earlier, confirming the bullish trend. Lagging Span confirms the bullish trend as well. Lagging Span is above price of 26 days ago and is above the cloud. MACD is bullish and pointing up and both its lines are above the zero line. The V structure is projecting price will move higher to $6.59. However there is a gap resistance at $6.55 and we are aiming for price to reach $6.54. We are recommending this with CFD 10 as we think price can reach its target within 10 calendar days and there is also a dividend payment. If there is any extension beyond 10 days to reach our target price, subsequent margin rate is same at 10%.
Strategy
$6.18 Buy
$6.54 Price Target
$5.98 Risk Management Stop
10 Days Trade Duration
