Looking at the STI, it has certainly started off April strongly (refer to the last post), without even pausing to take a breath from the long run-up. Unfortunately, contrary to what I thought, there was no good pullback for entry. In fact, last Friday closed on renewed strength. There are 2 possible resistance zones ahead which could pause the current move, namely around 3305 and 3220.

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Looking at the daily chart of CapitaLand, we can see that there is an inverse head-and-shoulders formation, which is a bullish reversal pattern. It has broken the neckline on a bullish gap up, and has now broke through the previous resistance at 3.46. It looks poised to head higher, with possible resistance near the top of the downwards sloping channel.

Looking at the daily chart of Keppel Corp, we can see that it has recently broke out of a triangle pattern, and has now formed a bullish flag/pennant pattern. Volume is on the decline and bars are small. I would enter with a tight stop to wait for a strong breakout, with a potential target of 14.00.