Monday, 5 January 2009

Capital Land - Update


cap land hit resistance again at around 327( a level which i have expected it to hit since back in Nov08-http://kokthai.blogspot.com/2008/11/capital-land.html) , this level has been tested for almost 6 times during the past 3 months . so will it touch and come down or break up finally ??? Watch the 336 level(recent high with huge vol) , if it can break up this level and stay above it , it will also break up 100 day MA , this would be very bullish indeed and an ultimate target of 415 . Key support at 290 , watch closely ...

No comments: