Capitaland was rejected at the $2.93 support turned resistance and continue to trade in a down trend channel. So far 50D SMA has been a very good resistance and Capitaland is reacting to it. Good candidate to short as long as the resistance is not broken.
Previous post on Capitaland Stock Chart Technical Anlaysis here.
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Any update in capitaland after 2 months.
Updated chart for Capitaland. https://mystocksinvesting.com/singapore-stocks/capitaland/capitaland-testing-down-trend-channel-resistance/