Keppel Corp (SGX: BN4) strong downside has been ongoing for the past 1 year and despite the small bullish jump last week, prices still faces stiff resistance and may be visiting the low again based on the technical indicated:
*Timeline of the trade is 3 weeks from the date issued.
*Potential rebound is at $4.09 region. To confirm the bullish upside, the stock must clear above $5.00.
CHART LEGENDS
Moving average
Red dotted line = 200 periods Moving average
Blue dotted line = 50 periods Moving average