SGX property counters- after announcement of Government

Well, most retrace immediate on the day itself after announcement publish by Sgp Gov. I think everyone will ask what will happen next on all this counters? Many developer said it will not have big impact to them and perhaps it is refer to short term since they managed to get rid of inventory in last couples of month but how about long term..... In my personal believe is investor will slow down and see whether gov will take further action toward current property market.

Of course houses or condo will still sell simply because there are still people get marry, intend to upgrade their living place and etc.....

How about the company that listed in SGX, interesting to see what are they going to publish in next quarter.

I put "Allgreen" and "Capitaland" chart here, have a look and comment.

Capitaland
It is at the edge of the support line of MA30 and 60 days
Refer to MACD and GAMMA both seem like going to turn to down trend....
I will getting more intereting if it retrace to 3.46SGD but now the support line is at 3.7SGD.

My target to revisit this counter is when it touch 1.09SGD...... heeeehe...

Allgreen
What will allgreen react to the same announcement? Well goes down....

It closed at 1.14Sgd yesterday but today rebounce a bit to 1.16sgd so what does the chart say to me is NOT to go in, wait and see....