$CapLand China T (AU8U.SG)$ The stock price has started to m...
The stock price has started to move near middle band. It may go beyond the middle band and towards the upper band soon. It may possibly hit 0.85 once it breaks the 0.80 and 0.82 resistance.
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dookiro : R you saying this stock will go up??? But it seems dropping more & more… I thought the target is able to go above 0.9
Deep Sea OP dookiro : As you can see, there is profit taking after rising from 0.6x level to 0.885. After flushing out the weak holders, it should rise again. It is forming a base at 0.79 and 0.795. To go beyond 0.90, it will need more clarity and concrete steps from China on its stimulus measures to support its economy.
二鱼五饼 : all china related stocks are becoming toxic again
Deep Sea OP 二鱼五饼 : HSI got big sell off. Hong Kong stocks are at all time high. HSI started to rise from 16,000 pts to now 20,300 pts. Funds are cashing out from HK market with profits. Don’t think they will be back to HK again anytime soon.