CapitaLand (technical)

CapitaLand: Trading Central says go Long above $2.95 with targets at $3.27 and $3.43 in extension. RSI is above its neutral area of 50%. The stock broke above a bearish trend line recently. Furthermore, the rising 20-day and 50-day moving averages suggest that the stock still has potential for further upside. $2.95 as support. If broken, look for further downside with $2.70 and $2.60 as targets.