On Monday, Capitaland re-test the resistance at $3.58 and closed at $3.65 with LOW volume of 7.38 million shares traded.

Both RSI & MACD are bearish as RSI trend downwards.

Important Resistance of Capitaland: $3.69

Immediate Support of Capitaland: $3.58

Currently prices are well supported at 50 days MA at $3.58

On 23/May, prices broke the critical support at $3.69 with high selling pressure and price gap down further today. This is a bearish signal.

The support at $3.58 is expected to be strong.

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

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