Shares & Derivatives
Stock Chart: Capitaland, Yangzijiang!
By Dou  •  May 8, 2011

On Friday, Capitaland re-test the support at $3.25 and closed at $3.28 with LOW volume of 10.36 million shares traded.

A white candle sticks with short lower shadow indicates the bullishness of the investors.

Both RSI & MACD are bearish as RSI trend downwards.

Important Resistance of Capitaland: $3.40

Immediate Support of Capitaland: $3.25

Currently prices are resisted by 20/50 days MA.

The support at $3.25 has been tested for 3 consecutive times in last week but yet to fail.

In fact, there are already signs of easing in selling pressure.

If interested, do monitor if prices can cont to hold above this level as it could be a good entry price.

On Friday, Yangzijiang re-test the resistance at $1.74 and closed at $1.71 with regular volume of 18.81 million shares traded.

A long upper shadow occurred. This is typically a ...

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By Dou
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