Blue-chips sing the blues

DBS GROUP ($13) - Breaks out of resistance

- A break below $10.67 would be negative and indicate a target of around $7

- Resistance is at $14

UOB ($17.40) - Technically the strongest bank

- Support at $16.50

- Prices appear unlikely to break out on the upside

KEPPEL CORP ($8.15) - Stuck in sideways range

- A break below $8 would indicate a downside objective

- A break out of $8.24 would be good for the stock

SINGAPORE AIRLINES ($14.08) - Rebounds off uptrend

- A break below $13.70 would cause a break below the uptrend line

- Resistance at $14.50

OCBC BANK ($7.63) - Trading below 50 day moving average

- Support is at $7.50 level

- A break below support level would indicate a downside objective and complete a top formation

- A break above $7.73 would negate this gloomy picture

JARDINE C&C ($25.18) - Seen its best

- Support is at $24.18

- Resistance is at $26.50

- Probability of a breakout is low