
On Friday, Capitaland re-test the resistance at $2.34 and closed at $2.35 with HIGH volume of 25.31 million shares traded.
A falling window occurred (where the bottom of the previous shadow is above the top of the current shadow).  This usually implies a continuation of a bearish trend.  There have been 3 falling windows in the last 50 candles–this makes the current falling window even more bearish.
Both RSI & MACD are bearish as RSI trend downwards.
Important Resistance of Capitaland: $2.38
Immediate Support of Capitaland: $2.34
Currently prices are well below 20/50/100/200 days MA.
Prices re-test the ................... READ MORE
 
Wait for $2 - Wait Long Long!
tanglinboy ( Date: 10-Dec-2011 19:02) Posted:
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I'm also waiting for it to hit $2!
They are thinking 30 generations ahead...  

edwinjup ( Date: 10-Dec-2011 11:15) Posted:
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i dont think they will go for right issues at this moment as they still quit rich..they will unload all small projects or go for reit to fiance mega projects...capitaland now trying to do big but return will take a few years...
 
FearValueGreed ( Date: 10-Dec-2011 10:38) Posted:
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Sifu is right... that's why stocks is not easy to play...
        One can easily get snooked left and right... lol... 

FearValueGreed ( Date: 10-Dec-2011 10:38) Posted:
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This one if you buy at $2 make sure you prepare another $2 to standby as they will likely issue rights or placement share if times of Legal Ah Loan is not available, so you really need to average down.
ya..no one really can tell the bottom...or the peak
at the same time, cannot be too greedy lah... 
for those playing for short term/quick rebound, 2.29/2.30 will be good price to enter, if it strikes... just a personal view only...
iPunter ( Date: 09-Dec-2011 11:24) Posted:
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At 2.00 , it may be a reasonable entry price for long-term holding...
    But there's no telling it may not go down below 2.00... 

louis001 ( Date: 09-Dec-2011 11:19) Posted:
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Loaded more today @ 2.38 !!!!
 
Ya... This one  is giving the holders shivers down their spine...
        It is easy to say one will hold for long-term...
                      But when one is seeing first hand one's money
                                evaporating, one will not think of long-term...

Gaecia ( Date: 09-Dec-2011 11:15) Posted:
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am been waiting for over 2 months since then one sifu here said   will reach 2.00 soon....
still waiting...year ending soon...
bishan22 ( Date: 09-Dec-2011 08:38) Posted:
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they jialat liao..
Trading is really cruel..... I have wonderful Merry xmas, while many will have a black xmas...... Is it really luck that I always make money from market? lol
on one hand, miss the boat better than hit the rocks....
on the other hand, CPL is solid stock with good value right now...can't imagine it will go down below 2.00 this month which is abt -25%....
Careful. Major negative signals on hand. More chances to come down that to go up. Does not hurt to wait for it to settle a few days more.
Worst case is don't make money. Better than to lose hard earned cash my friend.
JustinQuek ( Date: 09-Dec-2011 00:35) Posted:
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When reach 2.00, bring out your warchest and load this one. Waiting........
pnf charting no good , making 3 bottoms at 240, next support 228
Contrary to Junwei9756 and Isolator i will buy this Soon!
 
am doing calculations at the moment to see how far it can rise.
just short la.. no support..
only bb risktaker supporting :) 
wangerism ( Date: 09-Dec-2011 00:30) Posted:
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