On Monday, Capitaland re-test the resistance at $3.58 and closed at $3.53 with HIGH volume of 7.37 million shares traded.

Both RSI & MACD are flat as RSI trend sideways.

Important Resistance of Capitaland: $3.58

Immediate Support of Capitaland: $3.40

Currently prices are well supported at 200 days MA at $3.40

Prices have been consolidating between the key support at $3.40 and key resistance at $3.58 since 15 Mar 13.

The support at $3.40 is expected to be strong.

We would suggest buying at $3.40 (200 days MA) if possible as it expected to be able to hold the prices. Cut loss once $3.40 breached with high volume.

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