November 24, 2024

𝐂𝐚𝐧 𝐭𝐡𝐞 𝐑𝐞𝐛𝐨𝐮𝐧𝐝 𝐨𝐟 𝐊𝐞𝐩𝐩𝐞𝐥 𝐂𝐨𝐫𝐩 𝐂𝐨𝐧𝐭𝐢𝐧𝐮𝐞? (𝐓𝐡𝐞 𝐏𝐫𝐢𝐜𝐞 𝐂𝐫𝐢𝐭𝐢𝐜𝐚𝐥!)

Author: Trading Impossible | Joey Choy
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We have seen Keppel Corp selling down from 6.80 in Jan 2020 to a low for around 4.80 in March when Covid-19 hit.. (Almost a 30% Sell down!) 🤦🤦

Oil prices were pushing lower almost daily with concerns of a supply glut and weak demand due to the virus then.. 📉

Joey here, Top Tier Remisier in Phillip Securities

Then some good support started to return and 𝘂𝗽𝘀𝗶𝗱𝗲 𝗿𝗲𝗯𝗼𝘂𝗻𝗱 𝘁𝗮𝗿𝗴𝗲𝘁𝘀 were drawn end April. 👍

Over the past month, we have indeed seen some strength with Oil prices starting to rebound after hitting a record low in April.  😅

So the question is:

𝑪𝒂𝒏 𝑲𝒆𝒑𝒑𝒆𝒍 𝑪𝒐𝒓𝒑 𝑺𝒕𝒊𝒍𝒍 𝑺𝒆𝒆 𝒕𝒉𝒆 𝑹𝒆𝒃𝒐𝒖𝒏𝒅 𝑪𝒐𝒏𝒕𝒊𝒏𝒖𝒆 𝒇𝒓𝒐𝒎 𝑯𝒆𝒓𝒆?”

Well. we have hit our first upside targets, 😄

but Watch this video (𝙍𝙚𝙘𝙤𝙧𝙙𝙚𝙙 11 𝙅𝙪𝙣𝙚 2020 𝙗𝙚𝙛𝙤𝙧𝙚 𝙩𝙝𝙚 𝙢𝙖𝙧𝙠𝙚𝙩 𝙤𝙥𝙚𝙣𝙚𝙙),

to see if it can be 𝐑𝐞𝐯𝐢𝐬𝐞𝐝 𝐇𝐢𝐠𝐡𝐞𝐫 and more importantly what is the IMMEDIATE resistance for now.. 🤞🤞

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