Capitaland – [Base Forming? Bottoming? ]
Chart Source: Poemsview 1st Oct 2020
Capitaland seems to have bottomed with a base forming around $2.65 level. The next level of support might be at $2.60. Property counters have been lagging and strong property sales figure have been seen in the last few months. Could property counters start their move up? And could it help to push the STI up as its part of the STI component?
Head over to our post on investing notes to know more. Watching Capitaland with interest.
Yours
Humbly
Kelwin&Roy
