CapitaLand 11 May 2016

Previous rebound on $2.96. It seems like CapitaLand can rebound fast once it dipped below $3, as seen from chart. Things to note, MA seems a little shaky, therefore short term

1. Bullish Stochastic Oversold Signals
2. Green MACD Histogram (Early Signal)

Time Frame: 2 Weeks – 1 Month
Upside: 4.72%

Entry zone: $2.96
Possible 1st target: $3.10
Next Target: $3.19

Stoploss: $2.93

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