Wednesday, February 19, 2014

CapitaLand (technical)

CapitaLand - Technicals appear to be pointing to further downside, with RSI hooking down from Overbought position, while ADXDI- looks set to cross ADXD+, which could indicate the end of the recent uptrend. Share price has failed to breach past the 50 day MA at $2.92, and the next support level is seen at the 20 day MA of $2.84

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