Chart Watch: Keppel Corporation

cA4aKEIPQrerBnp1yGHv_IMG_9534-3-2

Keppel Corp (BN4)

2016Jan-Keppel Corp-800x450

Stock moved down below support level of about $6.6 in December and crashed after failing to recover back into its trading range. Might see more near term downside. Wait for a base to re-emerge before reattempting to long the stock.