It is only the second day of the week, and already the action is getting fast and furious. Above is a weekly chart of Capitaland. The medium trend is up as indicated by the rising MACD lines and the upturn of the Simple Moving Average line between the Bollinger Bands. The key level to take note is $3.00. Capitaland closed today @ $2.92 on quite high volume. The volume on the weekly chart is falling, but take a look at today's volume on the daily chart:
A huge bullish candle, on high volume, bouncing off support of $2.70 and reaching for $3.00. I think a good trade would be to go long once Capitaland closes above $3.00.
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