Capitaland: Break Support!

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If Capitaland cannot return back up to $2.33, this support will turn resistance and the stock price will be heading towards $1.964.

  • Fundamentally the stock is under value base on NAV and PE ratio.
  • Technically Capitaland stock chart is bearish.  The stock is on down trend and recently drop back into the down trend channel.
  • Base on Macro-economy, Capitaland has exposure in China. There is a high probability of property bubble in property sector.
  • Recent ABSD (Additional Buyer Stamp Duty) also dented the investing sentiment in property counter.
This is a classic example that stock market is very much emotional rather than logical.

 

This post is orginally from My Stocks Investing Journey.

 

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iShares Silver (SLV): Breaking Down From Symmetrical Triangle

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 Original Post from My Stocks Investing Journey.

The iShares Silver Trust is not a standard ETF. The Trust is not an investment company registered under the Investment Company Act of 1940 or a commodity pool for purposes of the Commodity Exchange Act. Shares of the Trust are not subject to the same regulatory requirements as mutual funds. Before making an investment decision, you should carefully consider the risk factors and other information included in the prospectus.

http://us.ishares.com/product_info/fund/overview/SLV.htm

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