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Saturday, November 01, 2008

Cheap Sales (10): Property

Property Sector Index

16 years of bear market! The index value is currently at support level. If this fails, the next one will be at 400.

KLCCP Monthly Index

This one still looks strong. Technically, it has broken its uptrend line support and the next possible support is at 2.30.

Mahsing Monthly Chart

This one also looks strong. I thought of playing the rebound game but back off due to bad market sentiment. Next possible support is at 1.00.


SPSetia Monthly Chart

The next possible support is at 2.50.

Suncity Monthly Chart

The next possible support is at 1.30.

Sunrise Monthly Chart

Tested the final uptrend line support and still holding. If this fails, then the next possible support is at 0.70.

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