CityDev , UOL & Capitaland

Property counter 

The local properly counter are trading on a Down trend mode chart patterns.
This is rather bearish as can be seen from the chart reflected for these 3 counters.
The current price is trading well below its 20, 50, 100 & 200 days moving average.

More over MACD is still trending downwards and it may likely provide further indication that the share price may continue to head further South.

CityDev:

As can be seen from the chart , after hitting the high of $13.50 price level, it has seen corrected sharply and went down to touch the low of $11.06 .

Breaking down of this price level of $11.06 would be super bearish and we can expect to see the price slide further down towards $10.50 .

With Dow overnight gaining +217 points, it might be a good opportunity for those who want to exit/lock in profits when a short rebound may likely happen!

Please do you own due diligence.

UOL:

After touching the high of $9.48 , it has since retreated sharply and went down to touch the low of $7.99 before closing slightly highly at $8.10.
This is rather bearish!

Short term wise, a technical rebound may likely happen. If it is not able to hold above $8.00 price level then it might give way and continue to trend lower to test the next support level at $7.47 .

So , investor or trader may want to watch out for this critical price level at about $8.00 psychological price level.

Capitaland:

After hitting the high of $3.87, it has since correctly sharply and went down to touch the low of $3.44 price level.

Breaking down of this price level would be rather bearish and may likely continue to see price further sliding down towards $3.30 then $3.20 with extension to $3.13.

I think short term wise, we may likely see a short rebound happening soon.
Investor / trader may want to make use of this opportunity to trim their lossses  or exit to lock in their profit.

Not a call to buy or sell.

Trade/invest base on your own decision.

City Developments Limited (CDL) is a leading global real estate operating company with a network spanning 100 locations in 28 countries. Listed on the Singapore Exchange, the Group is one of the largest companies by market capitalisation. Its income-stable and geographically-diverse portfolio comprises residences, offices, hotels, serviced apartments, integrated developments and shopping malls. With a proven track record of over 50 years in real estate development, investment and management, CDL has developed over 40,000 homes and owns over 18 million square feet of lettable floor area globally. Its diversified land bank offers a solid development pipeline in Singapore as well as its key overseas markets of China, UK, Japan and Australia.

UOL Group Limited, through its subsidiaries, primarily engages in property development and management, property investments, and hotel businesses. Its property development projects include residential units, office towers and shopping malls, and hotels and serviced suites. The company also owns and/or manages approximately 30 hotels under the Pan Pacific and PARKROYAL names in Asia, Oceania, and North America with approximately 10,000 rooms in its portfolio. In addition, it is involved in the rental of serviced suites, commercial offices, and retail malls; treasury services business; management of serviced suites; operation of restaurants; and management and operation of health and beauty retreats and facilities. Further, the company engages in the retail of computer hardware and software; property trading business; management and licensing of trademarks; and provision of information technology related products and services. UOL Group Limited has operations in Singapore, Australia, Vietnam, Malaysia, the People’s Republic of China, Myanmar, and the United Kingdom. The company was formerly known as United Overseas Land Limited and changed its name to UOL Group Limited in 2006. UOL Group Limited was founded in 1963 and is based in Singapore.

CapitaLand Limited, together with its subsidiaries, develops, owns, and manages real estate properties in Singapore, China, other Asian countries, Europe, and internationally. The company operates through four segments: CapitaLand Singapore, CapitaLand China, CapitaLand Mall Asia, and Ascott. Its real estate portfolio includes integrated developments, shopping malls, serviced residences, offices, and homes. CapitaLand Limited also owns and manages real estate investment trusts and funds; invests in real estate financial products and assets; and provides investment advisory and management services. The company was formerly known as Pidemco Land Limited and changed its name to CapitaLand Limited in November 2000. CapitaLand Limited was founded in 1989 and is headquartered in Singapore.