In both the daily and minute chart, I am still bearish on Keppel T&T. In the daily chart, there was an obvious profit taking and that was why the stock suffer some selling and in the min chart, the buying as of now was still bearish with no obvious form of serious buyers. In the near term, I expect the stock to suffer a little more selling maybe towards the 1.62-1.60 region before buyers come in to support the stock again. I will monitor it. Congrats to those who shorted.
Update: 12/8/2016, 4:22pm
More sellers sold off the stock. I am watching for a short term support zone at 1.6-1.62
Ronald K - Market Psychologist - A Stock Market Opportunist