Keppel Corp Update - Implied Likelihood Up As Market Falls, Meaning...

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Chart based progressive global trading strategies, Chart Partners

Thomas Schroeder

Chart based progressive global trading strategies

Chart Partners

Chart Partners objective is to discover medium-term cycle turns and profit opportunities before they unfold, within structural trends while preserving capital with clear degrees of risk. We have real return ideas. 

Markets are dynamic and trading systems must reflect this. It is crucial to determine underlying correlations and lead-lag relationships within global markets and the impact on linked instruments. Our weekly Chartonics product gives you short-term trading strategies that can be applied within the medium and longer term macro trends that are mapped out in our strategy updates. 

Our methodology fuses global market variables and isolates drivers in trends. We specialize in FX, index trade in NY and Asia with a focus on Asian stocks. 

Technical Analysis

<a href="https://www.smartkarma.com/entities/keppel-corp-ltd" target="_blank" rel="noopener" data-smartkarma-citation="entities:12:1">Keppel Corp Ltd (KEP SP)</a> is approaching tactical price support at 4.60 where a recovery attempt is expected but unless Keppel can clear 6.0 the macro bear cycle will resume course in coming months/into the summer.Weekly MACD triangulation (like many assets in Asia) is breaking down and needs a price push back above 6.0 and then 7.0 to avert a harder bear cycle into the summer. A tactical rally fits with our cycle low for Asia equities in late March/early April for an April counter trend rise that fizzles out in May.We outline a tactical bounce trade and reverse to macro short for a new low in the summer with stop and price target levels. This fits our Asia cycle for a low in late March, April rally into early May and resumption of the bear cycle by mid-May.

Keppel Corp Ltd (KEP SP) is approaching tactical price support at 4.60 where a recovery attempt is expected but unless Keppel can clear 6.0 the macro bear cycle will resume course in coming months/into the summer.Weekly MACD triangulation (like many assets in Asia) is breaking down and needs a price push back above 6.0 and then 7.0 to avert a harder bear cycle into the summer. A tactical rally fits with our cycle low for Asia equities in late March/early April for an April counter trend rise that fizzles out in May.We outline a tactical bounce trade and reverse to macro short for a new low in the summer with stop and price target levels. This fits our Asia cycle for a low in late March, April rally into early May and resumption of the bear cycle by mid-May.

Keppel Corp Tactical Buy Level with Macro Heavy Cycle