Shares & Derivatives
Stock Pick – Capitaland
By Stock Market  •  July 10, 2012
As we know that the local corporate earnings season is about to kick off, there is a tendancy for us to look at stocks that may be in focus, and have relative higher sensitivity.
On hindsight, in late May, when one didn't consider it as it ws trading around 2.48 - 2.54, there is a possible opportunity in early June as it was trading 2.44 - 2.58. As shown on the chart, in Mid June to End June, the pullback to 2.61 - 2.77 may offer another opportunity.
As per our earlier discussion, A decisive move above the Upper bound and subsequently a break above 2.780 may the possibility of 2.86-2.87. It ...
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