Tuesday, September 6, 2016

CapitaCom Trust: Had issued a call this morning and more buy ups seen... price 1.63

Can the 1.64 – 1.65 resistance clear out too?

Send a note to clients this morning at 9.34am before buyers started to take it higher with the STI strengthening too…

Still good to go above 1.60 imo…

Actually had a Bullish signal on my system, graduates can check again….  :)


Recent Email:

Sent: Tuesday, September 06, 2016 9:34 AM
Subject: *********** CapitaCom Trust: A move above 1.60 can see more upside, price 1.605
CapitaCom Trust has been trading below the 1.60 resistance level since May last year and today a move above finally. We are seeing the longer term moving averages starting to reverse upwards which can signal a gradual reversal for the counter. As long as 1.59 - 1.60 holds as the support now, we can still expect more upside towards 1.65 then 1.70 next.

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