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Friday, May 31, 2019

CapitaLand

Chart wise, looks rather bearish!
Likely to continue to trend lower.

A deadcat bounced situation has happened when it touches the low of 3.22 and managed to rise higher to hit 3.33.


It has weaken again and went down to close at 3.22. Looks rather negative!

Short term wise,
I think it may likely breakdown 3.22 and continue to slide down to test 3.10 level with extension to 3.00.


Not a call to buy or sell.

Pls dyodd.


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