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Friday, August 2, 2019

Capitaland

TA wise , looks bearish!
It has broken down the support at $3.58 and followed by a Gap down on Friday to close lower at $3.53, this is rather negative.


The current price of $3.53 is staying below its SMA lines + MACD is also trending downwards in orderly manner, looks like it may continue to go lower.

Short term wise, I think it may likely retest $3.50 then $3.47 with extension to $3.40 and below.

Not a call to buy or sell.

Pls dyodd.


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