On Wednesday, Capitaland trend aimlessly and closed at $2.25 with LOW volume of 1.81 million shares traded.
During the past 10 bars, there have been 2 white candles and 6 black candles for a net of 4 black candles. During the past 50 bars, there have been 15 white candles and 29 black candles for a net of 14 black candles.
Both RSI & MACD are turning bullish as MACD about to perform a golden cross.
Important Resistance of Capitaland: $2.34
Immediate Support of Capitaland: $2.16
Currently prices are well below 20/50/100/200 days MA.
On 15/Dec, prices have broken the critical support at $2.34 with high selling volume. This is a bearish signal.
Since 28/Oct, Capitaland have been forming a lower low and lower high and this is a bearish signal as well.
Although prices may be about to turn up due to recent ...
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