Shares & Derivatives
Stock Chart: Capitaland, SembMar!
By Dou  •  March 4, 2011

On Friday, Capitaland trend sideway and closed at $3.37 with LOW volume of 12.91 million shares traded.

A black candle sticks with short upper/lower shadow indicates investors have no hesitant in selling the stock.

Both RSI & MACD are bullish as RSI trend upwards.

Important Resistance of Capitaland: $3.47

Immediate Support of Capitaland: $3.25

Currently prices are resisted by 20 days MA.

Capitaland seems to be forming a “bowl” shape which affirms that selling has eased and bargain hunters are coming to swoop up this stock.

However due to the recent bearish sentiment of property stock, we urged to wait for $3.47 resistance to be breach with high volume before entry.

On Friday, Sembmar re-test its $5.52 resistance and closed at $5.50 with LOW volume of 6.33 million shares traded.

A white candle stick with long upper shadow indicates that prices attempt ...

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By Dou
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