CapitaLand (technical)

CapitaLand: Trading Central notes the stock recently jumped above its short term trading range pattern, which should confirm a bullish reversal. Adds, the RSI has turned up and broken above a declining trend line. The 20day and 50 day moving avgs now play as support roles. As long as $3.42 is not broken, the house sees a new recovery to $3.91 and $4.05 in extension.