Tuesday, October 19, 2010

Capitaland

Below is an example of the market moving faster than the news,


Capitaland broke it's support on last Friday before an anouncement on Monday from the government about the tighten measures. The immediate support is $4.03 which i feel it will not hold. The real support come in at $3.87 which is the SMA(100). Any movement back to the 1st support line marks a chance to short.

No comments:

Post a Comment