Treat this as my resolution for 2014. This blog details my thoughts on Mr Market and the various stocks that I am watching as I embark on my trading journey. It serves as my personal trading journal as I will detail my personal trades and the reasons for entering/ exiting a trade. Hopefully I will have the discipline to constantly update it and look back at it months, years down the road.
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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