CapitaLand   

Capitaland

Reversal now....

 

On Friday, Capitaland re-tests the resistance at $4.05 and closed at $4.05 with LOW volume of 4.25 million shares traded.

A LONG white candle sticks with short upper/lower shadow indicates that investors has tried to push the prices above the $4.05 resistance.

Both RSI & MACD are bullish as MACD lines just perform a “golden cross”.

Important Resistance of Capitaland: $4.05

Immediate Support of Capitaland: $3.94

Currently prices are supported by technical / 20/50 days MA at $3.94.

Understand that Capitaland has turn bullish recently due to the good property news from China.

In fact, Capitaland has breakout of the descending triangle and tested the resistance at $4.05 with high volume on 22/Sep/10. However the attempt was a failure and ended up with a candle sticks with LONG upper shadow.

Investors did not give up and resistance at $4.05 has been tested for past few days despite at LOW volume.

Although Capitaland seems bullish in short term but we would like to remind that the resistance at $4.12 and $4.20 are expected to be very strong.

SEE ANALYSIS FOR BROADWAY


Therefore do your math first before entry since further upside of this counter is limited in short term.

 

3.x plus can buy now..... 4 bucks better skip this counter.....

Isolator      ( Date: 16-Sep-2010 18:01) Posted: Still sell...

 

Still sell...

 

wow, still got clients.....

 

big time player.....  hopefully the clients are not those aunties and grandies...

Isolator      ( Date: 16-Sep-2010 17:52) Posted: Are you kidding? I have so many trades at different price buy and sell with no reasons? ha. Even client also don't bother to ask, just count profit will do. lol... niuyear      ( Date: 16-Sep-2010 14:14) Posted: I am interested in counters that people shout :  buy and sell. At which price you had been selling since 2 months ago?

 

Are you kidding? I have so many trades at different price buy and sell with no reasons? ha. Even client also don't bother to ask, just count profit will do. lol...

niuyear      ( Date: 16-Sep-2010 14:14) Posted: I am interested in counters that people shout :  buy and sell. At which price you had been selling since 2 months ago?   Isolator      ( Date: 16-Sep-2010 12:03) Posted: lol.. I think you must have long it? Gd luck to you... I can only tell you I have still counting my profit slowly for this... See your charts properly and you MAY know how... lol...

 

Down today but 3.95 is still not good enough to enter. 

 

I am interested in counters that people shout :  buy and sell.

At which price you had been selling since 2 months ago?

 

Isolator      ( Date: 16-Sep-2010 12:03) Posted: lol.. I think you must have long it? Gd luck to you... I can only tell you I have still counting my profit slowly for this... See your charts properly and you MAY know how... lol...

 

lol.. I think you must have long it? Gd luck to you...

I can only tell you I have still counting my profit slowly for this... See your charts properly and you MAY know how... lol...

 

You sell call long long time ago started liao, still selling ?   It hasn't gone down to your target price yet huh?  lol!

Isolator      ( Date: 16-Sep-2010 11:47) Posted: Continue to sell and short...

 

Continue to sell and short...

 

Study charts to become a chartist.

No need to do other job lol.

Can chartist make a living buy/sell stock

base on charts????????

 

Really curious to know why this stock does not perform as compared to Keppel Land. Fortunately sold all liao above $4. Many a time tempted to pick it up again. Does anybody know the reason? Thanks.

Isolator      ( Date: 14-Sep-2010 11:21) Posted: Enough playtime... show hand time... lol..

 

Reached 4.00+ then goyang back to 3.99. Like rubberband.

 

Enough playtime... show hand time... lol..

 

Capital land very slow to move once >$4..sold last thur at $3.99 and bought 10lots of straits asia resources at $2.14..wow immediate profit as SAR moved to $2.28 on Mon 13 Sept..ascending triangles detected verses desscending for capital land

 

Your charting is more accurate... It will happen soon...

lowchia      ( Date: 08-Sep-2010 22:17) Posted: On Wednesday, Capitaland re-test its major resistance at $4.01 and closed at $3.94 with LOW volume of 7.29 million shares traded. A LONG black candle sticks with short upper shadow indicates the profit taking from some traders since prices has issues going above $4.01. Both RSI & MACD are bearish as RSI remains trending downwards. Important Resistance of Capitaland: $4.01 Immediate Support of Capitaland: $3.91 Currently prices are supported by the technical/ 200 days MA at $3.91. From the charts, we could see that Capitaland is forming a descending triangle since Aug 2010 which is a bearish sign. SEE ANALYSIS FOR YANGZIJIANG We will watch if the support at $3.91 can hold the prices before making any trading decisions. If the support were to give way, high selling pressure will be expected.

 

On Wednesday, Capitaland re-test its major resistance at $4.01 and closed at $3.94 with LOW volume of 7.29 million shares traded.

A LONG black candle sticks with short upper shadow indicates the profit taking from some traders since prices has issues going above $4.01.

Both RSI & MACD are bearish as RSI remains trending downwards.

Important Resistance of Capitaland: $4.01

Immediate Support of Capitaland: $3.91

Currently prices are supported by the technical/ 200 days MA at $3.91.

From the charts, we could see that Capitaland is forming a descending triangle since Aug 2010 which is a bearish sign.

SEE ANALYSIS FOR YANGZIJIANG


We will watch if the support at $3.91 can hold the prices before making any trading decisions. If the support were to give way, high selling pressure will be expected.

 

Fully agreed. Too pricy. April  bot 3.99. Took a long time to dispose at 4.15. This counter can see cannot act. Better stay out.

 

My advise is not to buy.... The price is too high even for long term investment (future)...