SELL with a target price of S$0.65, as the stock could continue its downtrend after prices closed below its previous low on 28 Aug 13, which can be seen as a reference level for support previously.
The stock is trading beneath its various moving averages, and its 10-day EMA could continue to act as resistance. Its DI has been negatively placed and its negative DI could continue to rise correspondingly with its ADX. Protective stops could be placed at S$0.85.
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