Keppel    Last:7.44   -

keppel Corp

On Friday, Kepcorp re-tested its support at $8.69 and closed at $8.75 with LOW volume of 2.79 million shares traded.

A black candle sticks with short lower shadow affirm that the support is still firm and prevent prices from falling further.

RSI & MACD are neutral though the selling pressure has eased.

Important Resistance of Kepcorp: $9

Immediate Support of Kepcorp: $8.69

Currently prices are supported by technical/50 days MA while resisted by 20/100 days MA.

The prices seem to find a soft support at $8.69 as it trend along for the past 2 weeks.

Investors who are interested in the fundamental of Kepcorp can proceed to buy near $8.69 support level.

SEE ANALYSIS FOR CDL HTRUST


However we would like to remind investors that the falling oil prices may actually create selling pressure for the offshore rig company.

 

I will grab some lots @8.40... 

 

 

Uncle AK, got buy?

AK_Francis      ( Date: 08-Aug-2010 01:39) Posted: Ha ha, sifu, good analysis. Basing on chart, 8.64 good px to buy, if it comes true. It might be possible, as current golbal crisis, ie, Russia jungle fire, would affect nuclear polution, India, n China floods, both giant economy driving force may loose steam. Kluang , Msia port scandal may also affect as well, as big fishes r going to fish out sooner. However, Spore market is getting very strong, thats can't deny its further giving the local market the boost, esp if Youth Olympic is well organised n perceived by golbal its sucess. Hence, be experienced n vigilant in stock investment or trading still the call loh. Cheers.

 

That's a good entry price...

but remember to cut when your chart indication is clearer when the time comes..

 

Yes, will buy 5 lots when it hits $8.44.

 

If it does go 8.44, I think I'll take 2-3 lot.

 

Anyone want to join me @ $8.44 ?

 

S1 $8.92 Broken

S2 $8.67 Coming close

S3 $8.44....

Not R

chanting      ( Date: 12-Aug-2010 10:11) Posted: R1 $8.92 Broken R2 $8.67 Coming close R3 $8.44....

 

R1 $8.92 Broken

R2 $8.67 Coming close

R3 $8.44....

 

Current stock bargain will last longer than singapore sale.Advisable window shopping first.

boyikao3      ( Date: 10-Aug-2010 12:44) Posted: Anyone picking up some bargain today for Kepcorp?

 

Me thinking of buying for long term, so will wait for all of you to short first. The faster the better!

 

thanks Alex,  your postings are always sincere, clear and precise; very rewarding.  More please.  cheers.

 

 

 

Ha ha, no issue mah. Govt servants expected good bonus, private sectors will follow suit. Hence, both IRs r more crowded liao. And, hope Gent Sp will x 1.30, the barrier which was really stubborn.

Ah yah, if AK still in service, hoe shei liao lah. Now, jobless, poh pian. Be happy is the word loh. 15 mins more for TGIW.

 

Logically, the market should be "Cheong Aaarrrhhh!!!"while the festivities are in the air...

     But instead, soon after the party is over,

            the market had immediately dropped drastically two days in a row...

                 Many good counters are 'pengsan' and have fallen straight through their strong supports ...

 

Ha ha, ND bash n 2Q of 18.8% GDP index, seem no help.

STI, now shed 34.77. Most counters loose steam liao. Coming YOG, dun think can help much as well, as attention alrdy attracted to the game liao, beside WC, which was just over a mth ago.

 

free fall 

 

hehe... m blur today. thks for reminding!

 

FYI. I'm moving from Long to Short position.

If you have a CFD account, I suggest you Go Short too.

alexchia01      ( Date: 10-Aug-2010 14:48) Posted: I'm waiting to sell my StraitsAsia and you want to Buy? Too late my friend. You may want to look at GLD 10US$. This is the only counter worth Buying now. I'm also looking at M1 and SMRT, but time is ripe yet to Buy. I'll post when the time is right. This is my personal analysis. You invest at your own risk. Good luck. dc16888      ( Date: 10-Aug-2010 13:17) Posted: oic, thks. how about straits asia can buy now what price is good to enter?

 

I'm waiting to sell my StraitsAsia and you want to Buy?

Too late my friend.

You may want to look at GLD 10US$. This is the only counter worth Buying now.

I'm also looking at M1 and SMRT, but time is ripe yet to Buy.

I'll post when the time is right.

This is my personal analysis. You invest at your own risk.

Good luck.

dc16888      ( Date: 10-Aug-2010 13:17) Posted: oic, thks. how about straits asia can buy now what price is good to enter?  alexchia01      ( Date: 10-Aug-2010 13:09) Posted: Now is not the time to Buy Kep Corp.

 

Can anyone shed some light into the drop this morning? I don't think it is due to the XD effect anymore.