CapitaLand: Watch this $3.60 Support!

CapitaLand has been trading sideway between $3.40 to $4.40 for the past 18 months. This is the 1st time in 18 months CapitaLand is unable to break the 200D MA resistance (in January 2011) and moves toward the $3.60 support. This $3.60 support proved to be a strong support for the past 5 occassions.  If this support is broken, CapitaLand has very high chance to start down trend.

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  1. Marubozu

    CapitaLand $3.60 support is broken!!!!

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