Monday, January 11, 2016

Capitaland: Back to 3.00 again ?

Support at 3.10 did not hold as mentioned….. now at 3.08…

Sent: Thursday, January 07, 2016 10:56 AM
Subject: ************** Capitaland: Breaking back below 3.20 temp support.... price 3.15
Capitaland as crossed back below the 3.20 support and also the 20 day MA line in a sign of weakness with markets selling down worldwide. May start to head back towards the 3.00 key psychological support level which has held since October. Aggressive traders can ride downside towards this level where we may see a technical rebound again. CFD SELL for now with more downside likely especially if the 3.10 fails to hold too… RSI and Stochastic both reversing down in line with price action.

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