Rotational interest buoys some laggards

OVERSEA-CHINESE BANKING CORP ($10.17) - Upmove underway

- Moving averages are turning positive

- Advance has yet to run its course

- Break above $9.80 indicated a target of $11.20

HI-P INTERNATIONAL (68 cents) - Temporary retreat possible

- Temporary retreat is likely in the short term

- Minor resistance appears at 68.5 cents

- Support is at 63 cents

- Breakout above 63 cents indicated a target of 80 cents

KEPPEL LAND ($3.51)  - Correction sets in

- Breakout above $3.44 to $3.48 was not sustainable

- Successful break above $3.48 would indicate target of $3.80

- Fail point of breakout is at $3.48

- Short term moves are likely to be downwards

- If prices break below $3.48, next support is at $3.30

 CAPITALAND ($3.38) - Temporary retreat

- Counter is on an uptrend

- Temporary correction is underway

- Support appears at $3.30 to $3.35

- Breakout indicates target of $3.65

DBS GROUP HOLDINGS ($18.14) - Consolidation imminent

- Upsurge is either over or almost over

- Prices are set to retreat to $17.50

- Resistance is at $18.30

UNITED OVERSEAS BANK ($22.64) - Short-term oversold

- Largest declines are probably over

- In the short term prices should rebound

- Rebound is likely to meet resistance at $23.38

- Correction/consolidation phase is likely to continue after rebound

(Source:  The Edge Singapore August 11 2014)