Daily BriefsSingapore

Singapore: Keppel Corp and more

In today’s briefing:

  • Keppel Corp Rise Long in the Tooth

Keppel Corp Rise Long in the Tooth

By Thomas Schroeder

  • Keppel Corp 7.0 old high barrier and pivot level as RSI and volume readings begin to warn of an exhaustive rise.
  • While the KEP and Marine combination does off up better value for KEP, the market may have baked in the bulk of good news for the time being.
  • RSI triangulation with non confirmation divergence warns of a pending intermediate top brewing with blow off resistance near 7.3 in the event we clear 7.0 near term resistance.

Before it’s here, it’s on Smartkarma