Raffles Education is currently on a down trend channel. The stock price is under 20D, 50D and 200D MA which is a very bearish trend. Also note that 20D MA is currently under 200D MA implies great downward momentum in the short term.
Technical Indicators like Parabolic SAR and MACD are near to show bearish convergence. RSI and Stochastic are heading down.
China HongXing has formed a Head & Shoulders and the stock price has broken below the neckline. However, this stock bounced back from $0.19 support line (50% Fibonacci Level).
$0.20 to $0.205 is a very critical resistance level (neckline and 61.8% Fibonacci Level) to break to have pattern failure for China HongXing to go north. Another important thing to watch is whether the trading volume returns to help to break this strong resistance.
Keppel Corp has formed an Ascending Triangle but it may form a Triple Tops if the stock breakdown from the Ascending Triangle. If the stock can stay within the Ascending Triangle and breakout from the resistance line of $8.42, the stock may go up to $10.30.
However, if Keppel Corp breakdown from the Ascending Triangle at around $8.20 and goes below $7.80, a Triple Tops is formed and send the stock to $7.20.
I have also compiled Analysts’ recommendation in the following table:
