CapitaLand (technical)

CapitaLand: Trading Central observesthat the stock stands well above a short term rising trend line support as well as the 20 day and 50 day moving averages. RSI is also heading upwards, which should conform a short term positive bias. As long as $3.06 is not broken, the house expects a new recovery to $3.30 and $3.42 in extension.