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5801-5820 of 6548
this will be the HIGH of 2010, though not all time high. You can be rest assured gentleman.
KiLrOy ( Date: 21-Mar-2010 17:42) Posted:
Take a longer view approach for this counter if you can else split half holding for long view approach if you arent comfortable.
A 52 weeks daily chart shows a mild uptrend and price action contained within the channel.
A bigger picture hopfully to rest assured we are not at the all time high.
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It is easy to draw a parallel line.

but it does not always work. Draw another line from the 2009 low point and see what you get.
KannaSze ( Date: 13-Apr-2010 11:23) Posted:
I suggest to look at the volume for clue. The channel is only meaningful if the volume agrees.
First, there was a GAP at the big volume point, this is the RISING WEDGE breakdown. Draw a rising line and see if you have a rising wedge?
This is a bearish formation, classic interpretation, not mine.
After the breakdown with GAP, current move is trying to close this gap but it can only succeed if there is volume breakup, otherwise, once it touches the top of the gap, volume will rush in again to push it down. What if the gap is not closed.. this is even worse.
Haha, dump this stock!
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The BUBBLE has burst!
KannaSze ( Date: 13-Apr-2010 11:23) Posted:
I suggest to look at the volume for clue. The channel is only meaningful if the volume agrees.
First, there was a GAP at the big volume point, this is the RISING WEDGE breakdown. Draw a rising line and see if you have a rising wedge?
This is a bearish formation, classic interpretation, not mine.
After the breakdown with GAP, current move is trying to close this gap but it can only succeed if there is volume breakup, otherwise, once it touches the top of the gap, volume will rush in again to push it down. What if the gap is not closed.. this is even worse.
Haha, dump this stock!
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I suggest to look at the volume for clue. The channel is only meaningful if the volume agrees.
First, there was a GAP at the big volume point, this is the RISING WEDGE breakdown. Draw a rising line and see if you have a rising wedge?
This is a bearish formation, classic interpretation, not mine.
After the breakdown with GAP, current move is trying to close this gap but it can only succeed if there is volume breakup, otherwise, once it touches the top of the gap, volume will rush in again to push it down. What if the gap is not closed.. this is even worse.
Haha, dump this stock!
will cross $4.20 by AGM 23 april
What you mean that Divide the channel in half? Today also can not sustain above 4.10
Divide the channel in half and play a tigher range.
this counter still not moving much recently...any idea?
Take a longer view approach for this counter if you can else split half holding for long view approach if you arent comfortable.
A 52 weeks daily chart shows a mild uptrend and price action contained within the channel.
A bigger picture hopfully to rest assured we are not at the all time high.
DBS was dUmpEd flat iN the 5 minUtes pOst-clOsE sEssiOn.
sOmeOne iS playing gamEs?
wow...close 4.04 ?!??!? my brigade SHORTING it ?!?! hee :P
See you guys when reaching 4.42 to re-test the OCT 2009 and JAN 2010 high. If the price action stays within the uptrend channel, those resistance should be a piece of cake to break. I will prob unload half at the top of the channel - 4.60 by then. :p
http://www.remisiers.org/research//Charted%20Territory%20-%20CapitaLand%20-%20103017.pdfmore agreed with this analysis: Positive breakout suggests more upside to come
Key resistance breached. CapitaLand is likely to see more upside
potential after breaking and closing above its $3.97 key supportturned-
resistance and 50-DMA on higher volume yesterday.
Indicators have turned bullish. With the RSI signaling a strong
rebound at the 50% mark and the MACD indicator crossing above
the centerline into the positive territory yesterday (see enlarged
chart), they suggest that the bullish momentum has picked up
significantly.
Initial resistance at $4.17. On the upside, we peg the initial
resistance at $4.17 (support-turned-resistance), breaking which,
we see the next resistance at $4.44 (peaks in Oct ’09 and Jan
‘10).
Immediate support at $3.97. Meanwhile, the key $3.97 becomes
the immediate support, ahead of $3.62 (various troughs in late
2009 and early 2010) and $3.27 (resistance-turned-support).
rsi 14 @ 58.27 . why oversold?
lowchia ( Date: 16-Mar-2010 22:01) Posted:
Immediate gap resistance of CapitaLand: $4.07 to $4.19 Immediate support of CapitaLand: $3.74
RSI @ oversold
IMO the gap resistance will be strong. If we were to break through, we need high buy up VOL.
Anyway i wont be buying now...it is too late.
SEE CHARTS
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Immediate gap resistance of CapitaLand: $4.07 to $4.19
Immediate support of CapitaLand: $3.74
RSI @ oversold
IMO the gap resistance will be strong. If we were to break through, we need high buy up VOL.
Anyway i wont be buying now...it is too late.
SEE CHARTS
Wow...bulls and bears spoiling for fights over 3.97/3.98 level...seem like the next resistance is the gap at 4.10 ?!?! :P
but xd is more than one month away... "
NOTICE IS HEREBY GIVEN that the Transfer Books and Register of Members of the
Company will be closed on 29 April 2010 for the purposes of determining shareholders’
entitlements to the proposed first and final 1-tier dividend of S$0.055 per share and a special
1-tier dividend of S$0.05 per share for the year ended 31 December 2009.:
10.5 really enticing...
this burger is testing the 50 MA at 3.97 siah! wondering will it break ? haha...interesting...CD is coming soon! 10.5cts siah!! BIG DEAL ! :P
All that came down have gOne UP