Suntec REIT (technical)

Suntec REIT: Counter still within its long term downtrend and testing its near term resistance of $1.54 today. A close above may portend an upside towards the $1.60 level, while a close below could see share price falling back to its support at $1.50 levels. Stochastics and RSI are giving mixed signals; the most recent time this occurred was back in Aug '13 (denoted by white vertical bar), where share price showed some weakness shortly after.