The short term trend of Kepcorp is down but today we witnessed a surge in price after correction lasted 2 days. However, it was not able to penetrate the upper bound of the downward trend line and it showed a pull-back. The 3 white candlestick showed that bearish reversal might be on the cards. Let's see how it plays out over the next few trading sessions. If it confirm push through upper trend line, then, higher highs might be possible.
Otherwise, falling back to the lower trend line will be the way to go.
No comments:
Post a Comment