KEP1 trade ideas
Keppel is near a key support level Price is approaching a key support level in line with our fibonacci confluence levels and a break above our descending trend line could see a further upside above this level.
Keppel, wait for a break above the trend line Price is approaching a key support and a break above the descending trend line could see a further bounce above this level.
Key levels to watch for keppelPrice is approaching our support where we could see a bounce from here
Keppel Corp will continue to be bearish to S$4.00Hmm what's my train of thought on this ticker SGX:BN4 , at first glance, it's bearish .
Just a quick one, I would like to split into two style of trades:
For a scalper :
Mark the area $4.76 to $4.90, that is our waiting zone area.
Once the price break either Support and Resistance, then you know what to do.
If break the Resistance, our TP is at $5.20
If break the Support, our TP is at $4.00
For a swing trader :
Here is my trade opinion:
Sell Limit at $5.20
Stop Loss at $5.46
Take Profit at $4.00
Our Risk Reward Ratio is 4.8R
As usual, disclaimer :
The above is for our discussion and education purposes only. You may follow the opinion above but at your own risks.
When your trade is on the profit zone, move your Stop Loss to your Entry. Always protect your risk and you will be trading with a risk free.
Keppel Corp facing bearish pressure Price is facing bearish pressure and a test of our sell entry in line with our previous break out level could present an opportunity for a short.
Keppel facing bearish pressure, wait for pullback to short Price is approaching a key support level where we could be seeing a bigger pullback to test our sell entry before a further drop. A break below our downside confirmation level opens room for a bigger drop.
Keppel facing bearish pressureI maintain a bearish call on Keppel and a test of our sell entry presents an opportunity to go short. What are your thoughts on this?
Keppel facing bearish pressure We caught the reversal in price previously and maintain a bearish outlook on Keppel, a test or our sell entry could present a good opportunity for a short.
Keppel testing key resistance, potential reversal We maintain our bearish call on Keppel 3 days back and price is holding nicely below a key resistance level where we could see a further drop to our take profit target.
Keppel facing bearish pressure, potential reversal Price is testing our resistance in line with our 100% extension and 61.8% retracement where we could see a reversal below this level. Prices broke out of our previous ascending trend line and we could be seeing a head and shoulders pattern being formed as well.
Keppel approaching resistance, potential reversalWe could see some upside in price to test our sell entry in line with our 61.8% retracement and 61.8% extension before a reversal.
Keppel testing supportPrice is testing our support in line with our trend line, 78.6% retracement and 100% extension where we could see a bounce to our resistance target. We do caution our descending trend line and a break above this trend line could provide room for a bullish acceleration to our take profit target.
Keppel - Potential Ascending WedgeHi folks, based on the TA of this counter, it appears that this counter is on ascending wedge. The targets of possible downtrend is indication when MA50 (purple) line is encounter. TA will be invalid if it breaks higher than the drawn wedge boundary.
The support level is highlighted as red horizontal bar. If it break the lower of the possible support level at 4.82, it will dive further down. Feel free to share your thoughts comments box. Note: This is not financial or investment advise. It will be good to always understand the risks involve in trading. Always trade with stop loss in place. Thumbs up if u like the analysis :)
SGX Keppel Corp Longstock is in a upward trend and breach resistance line @5.71 to reach 5.81. With results release expected on 29 Apr , there could expectation that results could be lower than normal built into the price. Potential for price to go further to next resistance line @6.00. Modified stochatic @ 39 1 1 also reaching 50% which is a trigger to long upon crossing 50%.
KEPPEL CORP LOW RISK ENTRY If 6.30 area is well supported with bullish candle, stock is high likely going upwards. Typical cup and handle retracement pattern.
Keppel corp closed below 6.20 previous supportKeppel Corp stock closed below previous swing low of month of July 18- August 18 New price range trending downside open till 5.90-5.70.
Now 6.21 act as resistance
Kepcorp (40 @ 7.45)4hr 5bid Saucer
Daily Dip (2nd Trench)
Weekly 5th Spike
*No BD @ 7.44
*Minor Saucer
=> Wait for Good ST
=> Follow 40 @ 7.45
O/N 40 @ 7.45
(Day 2)
