Kepland is turning down again after the recent rebound. Keppel Land has failed to break the resistances at about $2.75 – $2.80 (Support Turned Resistance Down trend line, 50% FR, 50D MA). Expect Kepland to continue to slide to the next support at $2.34 (38.2% FR) followed by $1.77 (23.6% FR).
Genting Singapore seems that forming a Falling Wedge now. If Genting Singapore cannot break the wedge resistance at about $1.60 to $1.62, Genting SP will head toward the recent low of $1.42.
Genting Singapore is still on down trend. Previous post here.
IndoAgriculture is currently testing Down Trend Channel Resistance.
Things to watch:
Current IndoAgri chart pattern is still very bearish where all the 3 MA (20D, 50D and 200D) are stil heading down sharply.
