Post by zuolun on Dec 8, 2013 14:27:09 GMT 7
The uptrend of CapitalMallAsia is still intact as the price is trending HH and HL.
However, should the price break below the classical support @ S$1.90 to retest the higher low @ S$1.75, the strong uptrend would be violated.
The complex H&S breakout TP @ S$1.56 did not materialize as Waves-4 ended @ S$1.69 (dividends adjusted) in end-Jun 2013.
CapitalMallAsia — Symmetrical triangle formation
CapitalmallAsia as at 28 Jun 2013
However, should the price break below the classical support @ S$1.90 to retest the higher low @ S$1.75, the strong uptrend would be violated.
The complex H&S breakout TP @ S$1.56 did not materialize as Waves-4 ended @ S$1.69 (dividends adjusted) in end-Jun 2013.
CapitalMallAsia — Symmetrical triangle formation
CapitalmallAsia as at 28 Jun 2013
