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11

May

Capitaland – Will it China exposure affect its price?

Posted by Jay Chia  Published in Technical Analysis

Trend: Downtrend , 20ma down, MacD below 0 Support: 3.52, 3.30 Resistance: 3.74, 3.88(20ma close), 3.96 (50, 100 & 200ma) Observations: Candlestick – White spinning top Histogram –4G. No bullish divergence is seen. RSI – Around 30%. No bullish divergence is seen. Stochastic – Bullish crossover already seen. Out of oversold. Bollinger Band – Bounce [...]

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11

May

STI – Dead cat bounce or trend reversal?

Posted by Jay Chia  Published in Technical Analysis

Trend: Downtrend , 20ma down, MacD below 0 Support: 2790, 2750 (200ma close) Resistance: 2885 – 2900 (Falling window + 50ma close), 2930 (20ma close), 2985 Observations: Candlestick – Long white candle Histogram –4r1g. No bullish divergence is seen. RSI – Out of 30%. No bullish divergence is seen. Stochastic – Bullish crossover already seen. [...]

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