CapitaLand (technical)

CapitaLand: Trading Central says validation of the bullish symmetrical triangle has sparked a new bullish ride. Notes the 20day MA is above the 50day MA, with both rising, signaling an upward trend. Adds, the widening of the Bollinger bands indicates an increase in the intensity of the short term trend. Expects a rise to $3.28 and $3.35 in extension, with support at $3.05.