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wow....looks like 2.29 buy is supported siah !! :P some1 beat me to SHORTING it! gd luck to him/her ! :D
aya...dun expect them to push high enuff for me to SHORT lah!! :P
Stock/ Transacted Date/ Substantial Shareholder/ Director Buy/Sell/ Conv No of Shares('000) Price Per Share $ %Issued CapBefore Change %Issued Cap After Change
Capitamalls Asia Ltd 12-Feb-10 CGC Deemed Interest Buy 44230 na.00 10.09 11.23
although that was 12-Feb (just b4 cny), there is no doubt they will start pushing up after CNY, which they have. Capital Group 44230lots!!
2.30 !!! bingo !! earlier then i expected !! :D
2.30 liao lor....what is the next resistance?
wow 2.29 !!!?!!?? thk today got CHANCE 2.30 !?!
wah! steady at 2.27 siah !! looks like may break 2.30 this wk ?!?! :P
still holding steadyat 2.26...looks like may move out of downtrend channel soon!!? :P
From the volume distribution chart the Big Boys sold in late afternoon trading. The doji candlestick signals an indecisive market sentiment and warns of a probable stall in upward move from the green channel. Immediate resistance expected at 2.30 followed by 23.6% Fibonacci retracement level. Observe the price movement as it approaches each Fibonacci retracement level as they are high probable resistance and support levels.
Being a new stock with limited trading history the use of Fibonacci projection helps predict probable support levels below the 1.19 immediate support. Breakdown from this critical support may see a test of the projected Fibonacci levels plotted on the chart. Stay alert and be nimble in case important US economic data rocks or shocks the market.