Monday, January 13, 2014

CapitaLand 13 Jan 2014

Like I mentioned in my earlier post, Capitaland has yet to break its support at the $2.92 region. Keppel Land has already broken it's support. Nonetheless, it is still one of the weakest component stocks of the STI. The strong support should be around $2.76 - $2.80 region. Hence, even though this stock is weak, I am not looking to short it as I feel Keppel Land would be a better candidate! 15 cents range, from $2.95 to $2.80 is not enticing enough for me!

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