Kepcorp
The current uptrend support line is holding up well. Stock closed marginally with a white candlestick today. Currently still awaiting a 4r1g MacD histogram signal.
- Action to take: Good for a LONG trade if stock trades and has a possibility of closing above $6.31 (20-Days Moving Average) and above previous session's high of $6.32.
SGX
Another stock which caught my attention today is SGX. Currently resting on a conflux of multiple support levels. Watch out for a Gap Resistance at 7.32 to 7.48.
- Action to take: Good for a LONG trade if stock trades above $7.02 (Fibo 38.2% Resistance)
*Caveat emptor - All usual disclaimers apply.
Trades are valid only for a short term time frame
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