Keppel Land: Good to Short?

Keppel Land is currently having a bearish trend base on 2/5 EMA on daily and weekly chart. Next immediate support (daily chart) at about $3.25 (previous Head & Shoulders neckline + resistance turned support gap + 61.8% Fibonacci Retracement Level). Currently Keppel Land is trading below 20D and 50D SMA. 200D SMA is at about $3.00 which is the price target for shorting.

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