Sent: Wednesday, April 23, 2014 11:02 AM
Subject: **************** CapitaRetail China Trust: Broken out of consolidation phase 2 days ago, more upside again on temp pull back....
Subject: **************** CapitaRetail China Trust: Broken out of consolidation phase 2 days ago, more upside again on temp pull back....
CapitaRetail China Trust has broken out of the 1.42 resistance level which it has traded below for about 8 months. Likely to consolidate from 1.42 to 1.46 before more upside. Can accumulate on dips above the 1.40 and 1.42 level, bullish in the midterm as long as these supports hold out. May have to hold to ride any upside and not for contra. Target to 1.55 then 1.65.
Stop loss at 1.385
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