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Friday, October 9, 2020

CapitaMall trust

 Chart wise, likely to go down to retest the lower Trend Line at $1.93 .This may present us an opportunity to see if it bounce off from here and rises higher!




With the merger of CCT getting closer towards the XD,XR rate I think current price weakness may present us an opportunity to take a second look of this Singapore future biggest reit counter!

Short term wise, I think it may likely rebound from the lower Trend Line and rises higher towards $2.02 level.

Not a call to buy or sell.

Pls dyodd.





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