Thursday, March 3, 2011

Capitaland

Buy Capitaland at $3.36 on 3rd March

Trade decision condition:
  1. Weekly chart is showing engulfing sign
  2. Cross the short term 10DMA.
  3. Generous dividend payout every quarter
  4. The largest property counter in STI
Stop: $3.24 (can be a long term trade)

Please take note: The government intervention to the property market may happen again to cool down the property price.

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