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Tuesday, January 16, 2018

Capitaland (C31)

Capitaland has been range bounced within a trading range of $3.45 ~ $3.80 since a year ago. Price action has arrived at the upper boundary of the trading range and RSI is overbought. The upper boundary is a multi-year strong resistance. It is wise to observe if prices is able to break the resistance or will it succumb to the resistance. 

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