SuntecReit and Capitaland

I went into Capitaland using CPF funds today on a nice breakout. 4.20 region is an extremely critical resistance. A successful breakout should see 4.50 and subsequently 5. A failed breakout could imply a retest of 4. With a buy signal triggered, let’s see what happens. I have the time horizon to deal with this one.

SuntecReit is also another counter im watching to buy back. Took profit on it recently at resistance. Results out next Tuesday and perhaps this is keeping the price afloat for now. A correction does appear to be on the cards and I think I would rather skip the dividend, and wait for a possible retest of 50MA before buying it back again.  I still have half my holdings in the market so I am at no loss regardless of the price action, be it up or down. This is the situation investors should be in. To be in a favorable position regardless of upside or downside.