Shares & Derivatives
Stock Chart: Capitaland, Midas!
By Dou  •  April 23, 2011

On Thursday, Capitaland rebound from the support at $3.37 and closed at $3.45 with LOW volume of 14.24 million shares traded.

A white candle sticks with short upper/lower shadow indicates the little hesitant of the investors in buying the stocks upwards.

Both RSI & MACD are bullish as RSI trend upwards.

Important Resistance of Capitaland: $3.54

Immediate Support of Capitaland: $3.37

Currently prices are supported by 50 days MA at $3.37 and resisted by 100 days MA at $3.54

Since 4/April, prices have been consolidating along the key support of $3.37 and key resistance of $3.54.

The Q1 earnings report will be due on 26 Apr 2011 for Capitaland.

We expected that the earnings will be the key factor to end these consolidation and breakout into either direction.

On Thursday, Midas re-test the support at $0.775 and closed at $0....

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By Dou
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