Tuesday, June 11, 2013

****CFD Sell trade: Capitaland. Share price 3.25 (CFD Sell trade only)

Following up from Sell call made last Wednesday, 5th June. Capitaland has indeed broken the 3.40 critical support and seem to be trading lower each day on a weaker market. Current support at about 3.26 which it has just broken, then 3.20 and firmly at 3.10. Can considering shorting this counter on to participate in market weakness and property sector downside in the near term.
Stop loss 3.31

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