Japfa
China Sunsine
DBS
Firstly, we take a look at Japfa.
After hitting the high of about 77 cents, it has succumbed to selling down pressure and continue to trend lower to close 62.5 cents today, this is rather bearish.
Short term wise, I think likely to revisit 60 cents . Breaking down of 60 cents with high volume that would be rather negative and may continue to slide down towards 50 cents level.
Similarly for China Sunsine, after hitting the high of $1.60+, it has since corrected sharply and continued to go down to touch $1.02 today and close at $1.04 . This is rather bearish!
Short term wise, i think it may likely revisit $1.00. Breaking down of $1.00 may likely see it prices heading lower towards 91 cents with extension to 82 cents.
Thirdly, for DBS it has broken down the recent low of $25.00 and continue to slide further down towards $24.41 today and close at $24.58 level. Looks rather negative and may likely continue to head lower to retest $24 with extension to $23.24 level.
Not a call to sell or buy.
Please do your own due diligence.
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