Long

CAPITALAND JOINS LIST OF MEGA UPTREND STOCKS

47
The break of $3.63 from the long signal at $2.74 on 101120 has materialized with a strong close at $3.85 on 260321. The upside target is now 4.60 that was the level that Capitaland broke down on 010828 from its highs of 7.27 in 020407.

STI PROPERTY OUTLOOK : CAPITALAND & CITY DEVT 301120 (quantstrategic.com.sg)

Short term UPTREND since 101120
Medium UPTREND since 161120
Long term uptrend since 230321

PIVOT 3.45
Long positions above 3.45 for 4.60 and 5.75
Short positions below 3.45 for 3.25 and 2.37

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