Friday, December 25, 2015


Capitaland - 25th December 2015
Capitaland from TA point of view is on a short term uptrend mode as reflected on the chart with a nice breakout of $3.30 yesterday.
Both MACD & RSI are rising upwards which will provide further drive to push the share price higher.
Also the current price of $3.33 is above the 14 SMA & 25 SMA which is inline of supporting the price of heading higher. 
Short term may expect price to head higher towards $3.50 then $3.58.
If the price dropped below $3.26 then perhaps the uptrend mode may not follow-through.
(trade/invest base on your own decision)

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