CapitaLandInvest  - Wow! Nice breakout at 3.07 likely to sail ahead to test 3.20 and above! Beyond 3.20, she may rise up to test 3.30, 3.40 than 3.50. Pls dyodd. 19th September 2024: She is rising up to retest the recent high of 3.07. A nice crossing over with ease would likely see her rising up further towards 3.17 and above. Pls dyodd. 19th September 2024: CapitaLand Investment (9CI.SI) - Interest rate cut 0.5 percent,  very fierce move ! They are very eager to boost the labor market and at the same time inflation is coming down towards the 2 percent targets! Hopefully gd reit will continue to rise up with this piece of gd news! Quote:

• The Federal Open Market Committee chose to lower its key overnight borrowing rate by a half percentage point, or 50 basis points, amid signs that inflation was moderating and the labor market was weakening.

Chart wise,  bullish mode! She is likely to continue to rise up to retest 2.99-3.00. Beyond 3.00, we may see her testing 3.10 than 3.20 and 3.35. Pls dyodd....