CapitaLand (technical)

CapitaLand: Trading Central notes the share price has just bounced off from its 20day moving avg and remains supported by a medium term bullish trend line since May '12. The 20day and 50 day moving avgs are heading upwards. Adds the RSI is turning up and remains above the neutral 50 level, further confirming a bullish view. Tips further advance to $3.45 and $3.58 in extension, with support at $3.14.