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KEPPEL CORP ($8.86) – Breaking a top
- Short term indicators are oversold
- Downtrend is likely to develop
- Break below the neckline indicates a target of $8

NOBLE GROUP ($1.44) – Still a long way to fall
- Decline looks likely to accelerate
- Resistance likely be at $1.60
- There could be some stoppage as prices approach $1

SEMBCORP INDUSTRIES ($4.09) – Downside overdone
- Heavily oversold short-term stochastics could trigger a temporary rebound
- Resistance is at $4.50
- Trend is likely to be downwards
- Break below the top formation indicates a target of $3.77

SEMBCORP MARINE ($4.15) – Temporary bounce possible
- Temporary rebound is likely
- Downtrend set to continue subsequently
- Support appears at $3.60

GENTING SINGAPORE ($1.68) – Breaks neckline support
- Prices broke below the neckline indicating target of $1.30
- Quarterly momentum is only just breaking down
- Any rebound is likely to be temporary
- Resistance appears at $1.80

FRASER & NEAVE ($5.39) – Stronger than market
- Prices are trending lower
- An earlier break below $6 indicates target of $5.40 and $5
- Resistance is at $6

(Source: TheEdgeSingapore August 15 2011)