Kepcorp is one of the few index stocks which still displaying a nice up trending. It was perfectly fit to the fib level from 100% @10.86 all the way up to 161.8% @11.38- new high on Dec 2 then retraced down to 100% level on Fri-- the10.86 level becomes support now. A rebound is possible in coming week if 10.86 can be hold. MACD still showing weakness though. Will see how will it work out...
Weekly market analysis covering Singapore, US, Hong Kong and China — stocks, REITs, ETFs and trading perspectives.
Sunday, December 8, 2013
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