CapitaLand (technical)

CapitaLand: Trading Central notes the stock accelerated on the downside, capped by the descending 20day and 50day moving averages. RSI is still negatively oriented, without showing any significant reversal signals. The house remains bearish as long as $3.25 holds as resistance. Looks for new pullback toward $2.85 and $2.60 in extension .