I'm Brandon, a senior stockbroker at a local securities firm and also a professional trainer with Singapore Exchange (SGX) Academy. Holder of Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) with over 10 years experience in the financial industry.

This blog aims to share how private traders can forecast price and trade in line with the market and smart money by applying Wyckoff principles and simple technical analysis techniques.

Wednesday, 7 December 2016

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%).