Keppel Corp

Keppel Corp (BN4): Breakout

Technical Observation:

After 9 months accumulation action between S$5.00-6.00, KepCorp has breakout from its range, potentially entering the mark up phase. Using the Fibonacci Retracement tool, first target is S$6.30 (23.6%), followed by S$7.00 (38.2%).