CapitaLand (technical)

CapitaLand: Trading Central prefers to go Long with targets at $3.15 and $3.28 in extension. Says the validation of the bullish symmetrical triangle would spark a new bullish ride, with prices supported above the rising 50day MA. Adds, the tightening of the Bollinger bands is an early indication that volatility is about to increase sharply. Sees support at $2.93.