Capitaland

Capitaland Sept 2016
Capitaland Sept 2016

As you all know we like to KISS ( keep it short and simple) . Capitaland is currently sitting on its 200ma and also on its uptrend line. So if you’re betting on Fed to keep the rates unchanged then you might try to go long around the support at around 3.07-3.09 area with a stop loss of 3.05 ( keeping it tight)
Or if you think that there will be a hike which might hurt property developers then wait for it to break the 200ma and the uptrend line before initiating a short position. With entry at 3.06 and stop loss at 3.13

Yours
Humbly

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