****************** CapitaRetail China Trust: Rebound possible on temp retracement...... Now at 1.475.

Following up from previous BUY CALL: http://singaporetradinginsights.blogspot.sg/2014/04/capitaretail-china-trust-broken-out-of.html

CapitaRetail China Trust has traded to a high of 1.52 before some profit taking on market weakness… it has since over the past few days traded down to the 1.45 support level…. As long as 1.45 remains as support, we are bullish with upside to 1.52, 1.55 then 1.60. Could be an opportunity to accumulate on a bargain at the moment, not for contra, have to hold to ride any rebound above 1.52.

Stop loss 1.435