NOL: Still Not Bottoming Out Yet
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.
OCBC Breaks Down from Ascending Triangle
Previous Analysis is no longer valid.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: On the Way to Break Down Price Target
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.
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