Keppel Corp – Getting A Little High

2nd March, 2017, 10:18 PM

Keppel Corp – Getting A Little HighKC

Keppel Corp is a stock that we mentioned in our market outlook article back in January when it was around $6.20. It’s been a month plus and keppel Corp stands at $7.22 today. We feel that it’s reaching resistance for now and a pull back would be healthy.

We have drawn the uptrend channel line which acts as a resistance. A short entry could be around 7.23-7.25 area with  a tight stop loss around 7.28-7.30.

What might happen here could be that it might start pulling back from here or if market is still so bullish it could break out from this uptrend line we drew. We’re hoping for some pullback before we can make a re-entry.

Yours

Humbly

Kelwin&Roy

Keppel Corp

28th November, 2016, 1:52 AM
Keppel Corp Nov 2016
Keppel Corp Nov 2016

Over the weekend there was some stir in the oil price as Saudi wanted to leave the talks. Oil took a tumble and one might be expecting our oil counters to fall too. But instead our oil counters held and keppel corp is currently above the 200ma . Opec meeting starts on 30th nov so we’re keeping an eye on that to.

We’re looking for it to clear the horizontal resistance line at 5.50 before considering an entry. Our stop loss would be 5.39.

 

Yours

Humbly

Updates : Sembcorp, Sembmar, Keppel Corp

28th July, 2016, 1:24 PM

Sembcorp ever since our previous post on 24th jul has been coming down and finally close at 2.85 today. We’re hoping it test then 2.8 support then head to 2.6. Still looking bearish for us.

Sembcorp Marine Jul 2016
Sembcorp Marine Jul 2016

Sembmar ( SMM for short) since last friday as it broke the 150 support started to come off and down to 1.435 today. It reported its result this evening (http://www.sembmarine.com/scm2016/wp-content/uploads/2016/07/SCM2Q2016-PressRelease-28July2016-1.pdf) . Results wasn’t fantastic Q2 profits down 90% from the same period a year ago. We’re looking at 1.40 then 1.30 eventually.

Keppel Corp also down from when we posted, though alittle late but better late than never right? On track for 5.20 target

Yours

Humbly

 

Keppel Corp

24th July, 2016, 1:12 PM
Keppel Corp July 2016
Keppel Corp July 2016

Keppel Corp posted 2Q 2016 Net Profit down 48% to S$205 million, compared to S$397 million for 2Q 2015 just last week which sent the stock down. Some support seen at 5.42 area and if that  doesn’t hold then it come down to 5.35 then 5.20. We are looking at more downside for keppel corp

Yours

Humbly

 

Keppel Corp

16th June, 2016, 4:13 PM
Keppel Corp June 2016
Keppel Corp June 2016

Also similar to sembcorp, there was an increase in vol today and its also near is uptrend line and horizontal support line. If we were to short we should short either at when it breaks 5.25 or if you want abit more confirmation then perhaps when it breaks 5.20 . Stop loss will be 5.38 or 5.26 accordingly.

Hey, do look at china Aviation , there might be a chance to for short if it breaks the horizontal support of 1.145. Stop loss at 1.23

SGX is another  one, if it breaks it horizontal support of 7.42. Stop loss at 7.52. Don’t have time to post the chart so do look at the charts first ya.

Time for bed =)

Yours

Humbly

 

 

 

Keppel Corp

2nd April, 2016, 3:13 PM
Keppel Corp Apr 2016
Keppel Corp Apr 2016

Oil tried to stage a rebound to about $41 in the recent weeks  but couldn’t stage a strong enough rebound to go past that and profit taking is taking place.

Keppel corp or KC for short is a stock that is related to the oil industry and is at its immediate support and a break of the horizontal support of $5.77 might see it touch that short term uptrend line and a further break might see it finally down to $5.50 . Our Stop loss if we short would be at $6.

Yours

Humbly