01 May '12, 4pm

Stock Chart: Capitaland!

Stock Chart: Capitaland!

On Monday, Capitaland re-test the resistance at $2.95 and closed at $2.94 with LOW volume of 8.65 million shares traded. During the past 10 bars, there have been 3 white candles and 6 black candles for a net of 3 black candles. During the past 50 bars, there have been 20 white candles and 24 black candles for a net of 4 black candles. Both RSI & MACD are flat as RSI trend sideways. Important Resistance of Capitaland: $2.95 Immediate Support of Capitaland: $2.86 Currently prices are resisted by 20/50 days MA. Since 9/Feb, prices have been consolidation between the key support at $2.86 and key resistance at $3.15. The support at $2.86 is expected to be strong. Do consider to long Capitaland at $2.86 if interested since it could be a good entry. Stock Chart: Capitaland! is contributed by … Read the full article → Related posts:Stock Chart: Capitaland! Stock Chart: Capitaland!...

Full article: http://thefinance.sg/2012/05/01/stock-chart-capitaland-7/

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