Market Diary:
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Monday, August 24, 2009

Capitaland $3.75 / Noble $ 2.10

Noble

[4:30pm] I don't think it will happen today since we left only 30 minutes to closing but do look up for Noble breaking $2.10 at high volume the next few days!



Capitaland

The chart below was prepared before the market open this morning. I thought it will take 1 ~ 2 days to trigger $3.75 but apparently it was done upon the gap up at opening. In my last post, I stated the long term trendline was broken ( which is still correct ) but I neglected a less steep trendline which was supported

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