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.
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.
NOL has been falling sharply after breaking down from the falling wedge. There is no sight that NOL is reaching the bottom. Next support to watch is $1.356 which is at the 23.6% Fibonacci Support.
