Anyone considering buying KEPCORP?

mchongmy
2022-07-25

Hi guys! anyone considering going long for $KEPPEL CORPORATION LIMITED(BN4.SI)$ ?[Grin] 

On the H4, with price bouncing off the ichimoku cloud and breaking out of the descending trend channel, we have a bullish bias that price will rise from the entry at 283.7500 at the overlap support. If price rises and breaks the intermediate resistance at 305.4490 at the multiple swing high in line with the 61.8% fibonacci retracement, we will have upside confirmation that price will rise to the take profit at 330.1410 at the horizontal swing high in line with the 38.2% fibonacci retracement. Alternatively, price may break the support structure at the entry and drop to the stop loss at the swing low at 254.5686.

let me know what you guys think! [Tongue] 

Buy entry: 283.7500[Sly] 

Take profit: 330.1410[Bless] 

Stop loss: 254.5686[Spurting] 

if you wish to leverage on this, consider using DLCs:

$KepCorp 5xShortSG240424(DGKW.SI)$ 

$KepCorp 5xLongSG240424(DHNW.SI)$ 

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Comments

  • SPOT_ON
    2022-07-26
    SPOT_ON
    overvalued already... buy when it is $4.30 and below
  • t1981
    2022-07-25
    t1981
    not me. too high..
  • iImba
    2022-07-26
    iImba
    no thanks
  • Michelle Ong
    2022-07-27
    Michelle Ong
    Like back thanks
  • greedycat
    2022-07-26
    greedycat
    like一个呗
  • huattime
    2022-07-27
    huattime
    [Like]
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