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Tuesday, 8 May 2018

Keppel Corp: 8 May 2018, Tuesday, 10.00am Singapore Time

Keppel Corp: 
8 May 2018, Tuesday, 10.00am Singapore Time
(Click on Technical Chart above to Expand)

Attached above is the Technicals for Keppel Corp, the largest oil rig builder in the world. It has entered into the $8.00 Support Zone and making this $8.00 the support. The move is for buying to join as a comeback boat for the uptrend. Keppel Corp remains bullish. The technical price structure is as follows: 
Long Term: Bullish (Uptrend)
Mid Term: Bullish U-shaped Consolidation
Short Term: Bullish (Uptrend)
Immediate Term: Consolidation (comeback boat for joining the uptrend)
Overall: Bullish

Additional Note: Volumes are very healthy as illustrated on technical chart.

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