CapitaLand has started a down trend after breaking the $3.60 support. The recent sell down punched through the 61.8% Fibonacci Retracement support at about $3.415. Expect Capitaland to rebound at this 61.8% FR support level but $3.60 will be turning from support to resistance. A “Lower Low, Higher Low” chart pattern has been formed to confirm the down trend for Capitaland.
Previous Post on Capitaland HERE.