28 Dec '11, 4pm

Stock Chart: Capitaland!

Stock Chart: Capitaland!

On Wednesday, Capitaland trend aimlessly and closed at $2.25 with LOW volume of 1.81 million shares traded. During the past 10 bars, there have been 2 white candles and 6 black candles for a net of 4 black candles. During the past 50 bars, there have been 15 white candles and 29 black candles for a net of 14 black candles. Both RSI & MACD are turning bullish as MACD about to perform a golden cross. Important Resistance of Capitaland: $2.34 Immediate Support of Capitaland: $2.16 Currently prices are well below 20/50/100/200 days MA. On 15/Dec, prices have broken the critical support at $2.34 with high selling volume. This is a bearish signal. Since 28/Oct, Capitaland have been forming a lower low and lower high and this is a bearish signal as well. Although prices may be about to turn up due to recent … Read the full article → Related posts:Stock Chart: Wilmar, StraitsAsia!...

Full article: http://thefinance.sg/2011/12/28/stock-chart-capitaland-5/

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