Shares & Derivatives
Stock Chart: Capitaland, Cosco!
By Dou  •  January 2, 2011

On Friday, Capitaland re-test the resistance at $3.76 and closed at $3.71 with LOW volume of 7.92 million shares traded.

A black candle sticks with long upper shadow indicates that investors are not willing to buy up and rather take profit on long holiday ahead.

Both RSI & MACD are bullish as RSI remain trending upwards.

Important Resistance of Capitaland: $3.76

Immediate Support of Capitaland: $3.71

Currently prices are resisted by 50 days MA at $3.76

On 29/Dec, prices broke the resistance at $3.71 with high volume to display the bullishness of the investors.

Although the prices pullback to the support at $3.71 on 31/Dec but we remain bullish on the stocks as long as the support at $3.71 is intact.

If vested, do monitor on this support for any trading signals.

On Friday, Cosco continue to trend upwards and closed ...

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By Dou
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