I have been seeing quite a fair bit of potential trades like this. Channel’s the size of 10%. This is the same for capitaland. However, it seems that the last time round it wasn’t able to breach its resistance at $4.14, but i am fancying that it will try again.
Entry at 3.74. MACD Histogram looks to turn up. Potentially this looks a good trade. But i am pulling out this trade as well as 2 other trades, in view of an upcoming correction. Might come back and bite me hard.
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