Sunday, May 17, 2009

Capitaland - support holding?



Here is a daily chart of Capitaland. I suggested sometime ago to buy when it breaks out of $3.00. However, over the past 8 trading days after the breakout, it has been steadily losing momentum (as seen by the falling MACD). If the price of Capitaland breaks below $3.00, i would suggest to stop buying or cut loss, and to wait till the uptrend resumes.

No comments:

Post a Comment