Ascott REIT attempting a break of trendline resistance but capped by overhead resistance at 1.28. Above 1.28 will look to 1.33 where the gap is.
Mapletree Industrial Trust, bouncing from neckline of a complex head and shoulder pattern but capped by overhead resistance at 1.37. Could be forming a slightly sloping down channel if price rejects here. shoulder still needs a few months to form.
Citydev bounced off the neck line of a larger possible head and shoulders pattern. Triangle is forming resistance is still at previous neckline, 10.85. Price is now below the 9KAMA.
However, price can still move lower to test the support at 9.65, before breaking down.
If price moves up, and breaks 10.85, near term double bottom would have occurred. with failure of head and shoulders pattern, could bring price back to the highs at 13.20 with 11.70 as nearer term resistance.
Otherwise, expect price to drop to take target at 8.60.
Del Monte still respecting the trendlines and moving down, support is at the neck line of a possible double top at 0.68 - 0.70.
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