Thursday, November 19, 2009

KepLand breakout?

$3.00 is the previous June high, as well as 50% of the white candlestick.

  • Clearly broken out on high vol, with low vol retracement.
  • Daily price/vol action shows accumulation since July.


  • Buy on breakout risky in non-trending mkt. Next sppt after $3.00 is hard to determine. At what point would I cut loss?

US mkt currently down nearly 2% tonight, see how it goes and how this S'pore mkt reacts tmr. Will KepLand hold at $3.00?

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