Keppel Corp (KepCorp): Selling Down from Head and Shoulders
Target Price for this breakdown of Head and Shoulders is at about $8.76.
Genting SP: Testing Important Support
Genting SP gapped down last Friday and is currently testing the 61.8% Fibonacci Support at about $1.78. If this support is broken, Genting SP may face fierce sell off because there are no significant supports at sight. The stock is currently trading below 20D, 50D, 100D and 200D MA.
OCBC Bank: Break 200D MA Support
OCBC Bank had a gap down last Friday and also broke the 200D MA support. Next immediate support is at $9.324 which is the 61.8% Fibonacci Support. If OCBC is unable to hold above these two support after XD, it is expected OCBC to start the down trend.
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