Tuesday, May 24, 2011

KepCorp -- 24th May 11

KepCorp might be breaking down from a head & shoulder formation at the neckline of $11.27 yesterday with high volume.  The potential target for breakdown is $10.40.

With the recent bonus share issue ( 1 for 10 ), the price of $10.40 is equivalent to $11.44 before the bonus share dilution.