
On Wednesday, Capitaland gap down and closed at $3.60 with high volume of 28.4 million shares traded.
A falling window occurred (where the bottom of the previous shadow is above the top of the current shadow). This usually implies a continuation of a bearish trend.
There have been 3 falling windows in the last 50 candles–this makes the current falling window even more bearish.
The two candles preceding the falling window were black, which makes this pattern even more bearish.
Both RSI & MACD are bearish as MACD perform a “cross down” today. .
Important Resistance of Capitaland: $3.66
Immediate Support of Capitaland: $3.57
SEE CHART & BAKERTECH ANALYSIS
The trend for Capitaland has turned bearish as affirmed by both indicators and candle stick. Moreover the selling pressure is accompanied by high trading volume.
Thus we would not encourage buying at this point of time but wait to see if $3.47 support can hold the prices from further decline.
This counter's drop yesterday and today is scary...
Those who are still holding are sure to have a trying time biting their nails at this moment...
Isolator ( Date: 30-Jun-2010 11:14) Posted:
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It will happen in phrase... Expect the unexpected...

well...everyone is thinking likewise too last yr!! but HDB resale index break new high every qtr ! :P
My feeling tells me that property counter will continue to go down... Same goes to property asset price starting private than HDB... Just my feeling...

Sale of unit in residential development project to interested persons
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_1E801AB04972BB9848257751000D8D14/$file/Sale.TheInterlace.PSassoc.pdf?openelement
Joint venture with Hersing Corporation Ltd
http://info.sgx.com/webcorannc.nsf/AnnouncementLast3Months/FF364ABBA5C7711E48257751003A4C5B?opendocument#
LOL.
lowchia ( Date: 16-Jun-2010 10:25) Posted:
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CHARACTER !
metastock ( Date: 19-Jun-2010 21:12) Posted:
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i also feel
Isolator ( Date: 29-Jun-2010 10:30) Posted:
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Sell when there are still buyer at this price... My feeling tell me...

what is the use of analysing when the stock stays at this level for such a long time. It has broke up and still stay around and now below the breakup. Nowadays even Ah Peh and Ah Ma uses some kind of trading system (*see advertisement in ST today). So we are dealing with "no-breakup" and "no-breakdown" and better to go to the coffee shop to eif what to buy or sell. hehehe.
well..the way i see..dont get caught with PANT DOWN by any surprised news from China garmen ! :P
lowchia ( Date: 22-Jun-2010 11:49) Posted:
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My feeling see as good to sell now...

On Monday, Capitaland remains drifting inside the rectangle region as it closed at $3.77 with average volume of 15 million shares traded.
A short white candle stick with both upper/lower shadows similar to “Doji” affirmed to the indecision of the traders.
Both RSI & MACD are bullish as 2 indicators continue trending upwards.
Important Resistance of Capitaland: $3.82
Immediate Support of Capitaland: $3.72
We are speculating a bullish “Cup and handle” pattern will be formed if Capitaland broke the resistance at $3.82 in which this counter is trying to perform at this moment.
If interested, do look out if the resistance at $3.82 can be broken at high volume for trading opportunities.
SEE CHARTS AND ANLYSIS FOR S&P 500 (Important)
Do not know why...when i see Capitaland rose instead of fall with STI falling...suddenly this come across my mind...Today Capitaland still fighting its way through...nothing is confirm yet.
Just my 2 cents :P
Back @ 3.8 again.

20 out of 24 luxury units fall thru in HK! Will S'pore be next?
Henderson Land hit by downgrades
Major investment banks downgraded their target prices for Henderson Land (0012) to send the stock plunging amid a mild market upside yesterday.
Friday, June 18, 2010
Major investment banks downgraded their target prices for Henderson Land (0012) to send the stock plunging amid a mild market upside yesterday. Henderson shares slid 2.3 percent to HK$46.70, while the Hang Seng Index rose 0.4 percent to 20,138.4. Although some brokerages maintained a "neutral" rating for the developer headed by billionaire Lee Shau-kee, JP Morgan slashed its target price by 16 percent to HK$58 and Credit Suisse by 12 percent to HK$52.60.
The default on 20 deals at Henderson's luxury 39 Conduit Road development went against market expectations of only a few of the 24 transactions falling through, Credit Suisse analysts Cusson Leung and Joyce Kwock said.
The net loss of HK$734 million led them to lower the developer's full- year earnings this year by 16 percent. The project's overall selling price is expected to fall from HK$36,750 per square foot to HK$26,250 psf. "Most importantly, we believe that the market's confidence in Henderson's sales execution has been damaged," Leung and Kwock noted. Goldman Sachs analysts also feel investor confidence in Henderson's project marketability will take a hit, pointing out similar defaults on its Hill Paramount project in Sha Tin.
But Nomura noted that while the defaults were not positive for Henderson a resolution should remove uncertainty.
Henderson sales general manager Thomas Lam Tat-man said some of the media reports about 39 Conduit Road were "inaccurate." And he did not believe that sales of The Beverly Hills' third phase would be affected, given the short supply of housing. Henderson will not ban companies from buying units as it respects the free market, Lam said. He added that Henderson will also follow agreements with buyers on the length of the payment periods, which range from 45 days to 260 days.
This stock has a character. When it REALLY moves up, it does so slowly. Remember what happened in Jan and April? Yes, when it "cheongs" that means end of the rally. like now lah.
Presentation slides “Executing The Strategy” to be presented to investors in Non-deal roadshows in Europe and USA
http://info.sgx.com/webcorannc.nsf/AnnouncementLast3MonthsByCompanyNameAndCategory/504CB3917E97FAA24825774500382E68?opendocument#
This week Edge mag stated that Liew ML bot 1.5 million shares.
