KepCorp 21/07/2009

Kepcorp has formed a long and steep descending broadening wedge. Today the price touched the upper trend line. Ideally we would like to see a pullback creating a partial decline before breaking the upper trend line. The long term buy triggers on break of the upper trend line. Though we would like to see a big move with high volume for confirmation of breakout before entering. Good returns for long term.



Zooming in we see creation of a symmetrical triangle and the price have broken out of it.