Monday, August 5, 2013

CapitaLand (technical)

CapitaLand: Trading Central notes the stock recently posted some technical rebounds, and also broke above its nearest key resistance at $3.25. The 20 day MA is turning up and the daily RSI remains supported by a rising trend line. As long as the $3 strong support is not broken. the house sees a likely advance to $3.42 and $3.59 in extension.

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