CapitaLand   

CapitaLand: Too early to bottom fish

dun think so.

 

Happen that I was at Channelnewsasia website reading this aticle: http://www.channelnewsasia.com/stories/singaporelocalnews/view/425711/1/.html

Maybe causing the surge.

Blastoff      ( Date: 29-Apr-2009 12:13) Posted: Does anyone know why there is a sudden surge?

 

i covered back today @ 2.5..due to the large surge in vol and up bar..

signs of reversal..

ozone2002      ( Date: 28-Apr-2009 21:10) Posted: shorted from $2.68- 2.7..using CFD...now waiting to cover position.. downtrend to continue

 

i reckon it will go up between 2.75 - 2.80 before dropping after xd.

 

is 2.60 a good entry level now?
since miss 2.43 entry...

 

Cup n handle formation. See chart from jan until yesterday. Break $2.52 to "confirm" the formation. But can follow through or not is another issue.

 

really don't understand...
chiong like nobody business to 2.60...
miss a chance again...

 

Hi Trader88,

 I'm trying to learn and looking at your TA for capitaland, can you share how you determine the support price 2.25 / 2.41 and resistance of 2.58 ? Thanks !

trader88.sg      ( Date: 29-Apr-2009 10:51) Posted: Capitaland to hover around 2.40

 

Dunno, But I'm out at 2.53. Queue last night, thinking of monitoring and maybe re-queue at higher price, but today no time to undo, now checked and it's sold already.

 

Does anyone know why there is a sudden surge?

 

weird...
price has gone up to 2.55!!!

I still hope i am able to buy in few lots at <2.40 today.

 

Capitaland to hover around 2.40

 

becareful...now got donkey trap... this flu very serious as just begining stage...

 

mini sucker rally; juz like yesterday...see whether come down @ 1030am or not

 

rising?

 

we can't sollow the flu....

senecus      ( Date: 28-Apr-2009 22:52) Posted: If only market is that predictable......but...indicators do reveal weak support......Allow me to share my view...put aside TA...FA...MFT...it is call Common Sense alias CS. Market was oversold by collapse of instituitions and some unlawful acts of people...market was cushioned by the stimulus package and change of country leader....Stock Market Collapse. Now...market is overbought due to the same reasons that cushioned it...Stock Market Rally. Future...market needs time to digest the stimulus package...Stock Market Range Trends.

 

If only market is that predictable......but...indicators do reveal weak support......Allow me to share my view...put aside TA...FA...MFT...it is call Common Sense alias CS.

Market was oversold by collapse of instituitions and some unlawful acts of people...market was cushioned by the stimulus package and change of country leader....Stock Market Collapse.

Now...market is overbought due to the same reasons that cushioned it...Stock Market Rally.

Future...market needs time to digest the stimulus package...Stock Market Range Trends.

 

haha thanks, but many indicators pointing down trend as of now...

senecus      ( Date: 28-Apr-2009 17:04) Posted: Good luck. Hope you win some money.

 

shorted from $2.68- 2.7..using CFD...now waiting to cover position..

downtrend to continue

 

STI is getting weaker. Capitaland being a component stock should not be spared unaffected.  But that is one thing very insteresting, Williams%R indicates that this stocks has been oversold as at today. More may be sold by those so-called Tactical Short Fund managers to make the price more attractive ....