Previous Analysis is no longer valid.
OCBC has broken down from an Ascending Triangle and heading towards the price target of $8.60.
Current OCBC chart is bearish as the stock is trading below all 3 moving averages. 20D MA has crossed down 200D MA which is a down trend signal.
Genting Singapore has broken the neckline of a Head and Shoulders chart pattern and on the way to minimum price target of about $1.80. Genting may rebound at the current support of $1.87 before continue it down trend path to close to 61.8% Fibonacci Support Level.
HL Asia has a Double Bottoms chart pattern failure. The stock was unable to break the neckline resistance and the stock price headed south since then. Currently HL Asia is trading below the 3 Moving Averages. Also take note that 200D MA (a long term trend) is sloping down which is a bearish sign.
