Dear readers, on 5 May 2024, I made a post on how Keppel stock was at a pivotal moment.
Keppel stock was at a pivotal moment as its stock price on 3 May 24 (Fri) at $6.81 was just on its 200-Days-Moving Average.
I wrote that breaking down through the 200-Days-Moving Average may set Keppel stock to be on a long term down trend.
Just yesterday, Keppel stock broke down decisively below the 200-Days-Moving Average to $6.71, down 11 cents (or around 1.6% down) from the previous close of $6.82. Keppel stock close today at $6.67 per share.
At this current price, Keppel stock is back to its early Dec 23 close and has given up all its gain for the year 2024.
And Keppel stock has reached a just RSI Oversold level at RSI of 30.