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Thanks Boyikao3 for pointing out the support region.
But I'm willing to take the risk & go for first strike at about $3.50.
boyikao3 ( Date: 23-Nov-2010 17:00) Posted:
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For those knowlegable in TA, this s also known as the "Shoulder Line", The right shoulder is now formed. If this level dun hold, a super head and shoulder formation since June last year would tell you the next big trend...
boyikao3 ( Date: 23-Nov-2010 17:00) Posted:
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Strong support is in the 3.35 to 3.40 region. Cross your heart and hope to die!
pointer ( Date: 23-Nov-2010 15:22) Posted:
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North Korea bombs South Korean island
North Korea has bombarded a South Korean island with artillery shells, injuring civilians and soldiers and setting more than 60 properties ablaze.
TA just a guide when market is in "normal" mode.
When market is in a downtrend, no S/R lines or whatsoever will work.
$3.70 is not a strong support.
Don't hold property counter.... Those who have listened to sell should be very happy by now... lol... 
Lucky didnt buy just now...the fibo retracement theory can not trust one...
yay! hav been waiting for market to tumble to buy everything at discount! finally here!!!
Hi there, thanks.
Looks like the whole market is tumbling,
Will wait for 3.60 and see how...
Charted Territory Updates – CapitaLand (22 Nov 2010)
We issued a Charted Territory report on CapitaLand on 19 Oct 2010, highlighting a bearish breakout - and since then, the stock has corrected more than 7% to its intraday low of $3.76 this morning.
With the breaching of the $3.81 resistance-turned-support this morning (and should the counter remained suppressed below this level in the days ahead), we could see the counter continuing its journey south and head for the next support at $3.60 in the weeks ahead.
With both the MACD and RSI still trending down steadily at the moment, they too suggest that the downside momentum is still intact.
Investment Analyst
OCBC Investment Research
We issued a Charted Territory report on CapitaLand on 19 Oct 2010, highlighting a bearish breakout - and since then, the stock has corrected more than 7% to its intraday low of $3.76 this morning.
With the breaching of the $3.81 resistance-turned-support this morning (and should the counter remained suppressed below this level in the days ahead), we could see the counter continuing its journey south and head for the next support at $3.60 in the weeks ahead.
With both the MACD and RSI still trending down steadily at the moment, they too suggest that the downside momentum is still intact.
Investment Analyst
OCBC Investment Research
yeah, downtrend's still intact, trade with care.....
Haha we will wait and see if this is the beginning of the downtrend,
though the uptrend line has not been breached yet...
"Lao sai" (fierce fall) is okay...
What is worse than that is a gradual downtrend mode... 
Bluevaio ( Date: 23-Nov-2010 11:42) Posted:
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Haha I mean lau sai seems stop already...
But not time to buy yet, need to wait and wait first...be patience...
But I don't see it 'holding well'...
It's been precarious since days ago...
Holding well despite market weakness...
See next few days how.
Can enter if rebound strongly....
price get cheaper everyday, so get ready
from a report:
HSBC initiates CapitaLand (C31.SG) at Overweight, sets target at S$4.89; starts Keppel Land (K17.SG) at Neutral with S$5.16 target, City Developments (C09.SG) at Underweight with S$12.60 target. Says Singapore large-cap developers are well diversified, have strong balance sheets to weather any near-term policy risks. "In our view, the Singapore government''s policy measures are temporary adjustments to address a near-term demand-supply mismatch in the residential market." Adds, Singapore office capital values are picking up, partially offsetting policy risk in residential market for large-cap developers. CapitaLand shares off 1.1% at S$3.76, KepLand flat at S$4.75, CityDev off 3.2% at S$12.58.
Are they still dreaming about Capland?
Capitaland is now at 61% retracement of the rise from 3.6 to 4.3. See if it can rebound from here...
Ok thanks...