Kepland: In Down Trend

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Kepland is trading in a down trend although rebounded from the 50% Fibonacci Support.

Immediate resistance is the 61.8% Fibonacci Resistance at $3.665, followed by next important resistances at around $4.00 to $4.20 region. $4.20 is the 200D MA resistance. Failing to break above $4.20 continues the downtrend for Kepland.

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Capitaland: Trading in a Down Trend Channel

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Capitaland is currently trading in a down trend channel. The stock may rebound in the next few days after hitting the down trend channel support but will be facing psychological resistance at $3.00 followed by $3.10 the down trend channel resistance. There are no sign of Capitaland is going to bottom out soon. Also take note that the long term 200D MA is trending down.

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KepCorp: Up Trend Ended

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Keppel Corp uptrend has ended after breaking the uptrend support. KepCorp rebounded from the 200D MA support recently and will be testing 20D MA, 50D MA and the previous uptrend support turned resistance. Failing to break these resistances will increase the chance of starting down trend. It is important to watch whether the 200D MA support can be hold for KepCorp in the near term.

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