Bullish outlook for Keppel Corp
- Based on the daily chart, Keppel Corp is trending up within the up-channel as shown in the chart above.
- There has been a surge in buy and sell volume for the pass few month. However the selling pressure has declined since December 2020.
- Technically, if the price breakout to the downside, there may be a potential bearish reversal and drop to the support level of $4.90. On the contrary, the price may continue to rise steadily within the channel to the resistance level of $5.99.
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