On Monday, Capitaland re-test the resistance at $2.95 and closed at $2.94 with LOW volume of 8.65 million shares traded.

During the past 10 bars, there have been 3 white candles and 6 black candles for a net of 3 black candles.  During the past 50 bars, there have been 20 white candles and 24 black candles for a net of 4 black candles.

Both RSI & MACD are flat as RSI trend sideways.

Important Resistance of Capitaland: $2.95

Immediate Support of Capitaland: $2.86

Currently prices are resisted by 20/50 days MA.

Since 9/Feb, prices have been consolidation between the key support at $2.86 and key resistance at $3.15.

The support at $2.86 is expected to be strong.

Do consider to long Capitaland at $2.86 if interested since it could be a good entry.

Stock Chart: Capitaland! is contributed by ...