Shares & Derivatives
Stock Chart: Capitaland, Ezra!
By Dou  •  December 23, 2010
On Thursday, Capitaland continue to trend aimlessly and closed at $3.64 with LOW volume of 3.13 million shares traded. A black candle sticks with long upper shadow indicates that investors are not willing to buy up and rather take profit ahead. Both RSI & MACD are bullish as RSI began to trend upwards. Important Resistance of Capitaland: $3.71 Immediate Support of Capitaland: $3.61 Currently prices are resisted by 20 days MA. Selling pressure of the Capitaland seems to ease as both RSI and MACD began to turn upwards. The turning point for Capitaland will be at $3.71 resistance. Resistance at $3.71 is expected to very strong and any breakout of this level signal great bullishness from the investors. Do monitor for any breakout if interested. On Thursday, Ezra breakout of the falling trend line and closed at $1.77 with HIGH volume of 10.......
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By Dou
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