On Wednesday, Capitaland broke the resistance at $2.92 and closed at $2.95 with HIGH volume of 29.19 million shares traded.
A white candle sticks with long upper shadow affirms to profit taking for investors as they sell on rally.
Both RSI & MACD are bearish as RSI trend downwards.
Important Resistance of Capitaland: $3.09
Immediate Support of Capitaland: $2.92
Currently prices are supported by 20 days MA.
Although Capitaland broke the resistance at $2.92 with high volume today but the long upper shadow from the candle sticks affirms towards the weakness of the rally.
The resistance at $3.09 is expected to be very strong.
Watch for the support at $2.92 for any consolidation.
On Wednesday, Genting SP trend upwards and closed at $1.865 with LOW volume of 26.68 million shares traded.
A white candle stick with short upper shadow indicates ...
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