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Sunday, 11 May 2014

Keppel Land: 11 May 2014, Sunday, 5.35pm Singapore Time

Keppel Land: 11 May 2014, Sunday, 5.35pm Singapore Time
Chart courtesy of Chartnexus.com

Keppel Land will break down $3.23-$3.30 band and trade below $3.00
Bear Market to resume as per warned.

The Great Property Bear Market was SEVERELY warned in October 2012, when properties were red hot. It was warned just before physical properties market went for the U-turn in end 2013 and early 2014 with physical properties getting prices slashed repeatedly after my true peak warning.

There is still much more downside. 
Highly leveraged property owners will be punished by the markets.

Donovan Norfolk Rating:
Bearish
More Downside Expected From Here. 
Keppel Land to plunge below $3.00 psychological support in the coming weeks.
So will all other property stocks' plunges.

This is movement is part of a much larger downwave down, 
warned since 2012 October when physical properties were selling like hot cakes.

Refer to all my past Property Analysis by finding the property labels/tags in this analysis site.


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