Feb 13

Keppel Land (Kepland): The End of the Up Trend

1717
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Keppel Land (Kepland)’s uptrend ended after breaking down from the Falling Wedge and break the uptrend support. A Bullish Harami candlestick pattern was formed at 78.6% Fibonacci Retracement Support Level and thus expect KepLand to consolidate around $4.19. Also take note that this $4.19 is also the 200D MA support. Next support are $3.85 followed by $3.514 (61.8% Fibonacci Retracement Level) if Kepland breaks this 200D MA support.

Nov 07

Singapore Property Stocks PE Ratio

1336
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PE ratio comparison for Property Stocks listed on Singapore Stock Exchange.

Allgreen
CapitaLand
Ho Bee
KepLand
City Development
GuocoLand
MCL Land
Wing Tai
Yanlord

Guide:

  • PE > 15 Stock is Over Value
  • PE = 15 Stock is at Fair Value
  • PE < 15 Stock is Under Value
Nov 02

Kepland: Has Elliott Wave 5 Completed?

1310
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Kepland seems like trading at the Wave 5 of an Elliott Wave.  It is still not clear that whether Wave 5 has completed before starting the Wave A.

Things to watch out for:

  • If Kepland is able to stay above $4.50, the stock price will probably go up to $4.90 (138.3% Fibonacci Retracement Level) to continue Wave 5.
  • If Kepland is unable to break this $4.50 resistance level, this probably indicates the end of Wave 5 and Wave A will be in formation. Price target of the corrective Wave A is $3.84 which is also a 200D MA.