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Bull 1: Bear 0
 
Singapore

Capitaland
 

Among the properties counter, Capitaland is one of the leaders. After breaking through the resistance at $2.29, it hit a major resistance at $2.83 which also coincided with the 200-day moving average. Currently, it is looking to recharge its energy to break the $2.83 resistance with an upside target at the next resistance of $3.21. MACD line is above the centerline, which indicates that it is on an uptrend with stochastic not showing overbought as yet. Support for Capitaland will be the rising window from $2.37 to $2.40 which also coincides with the 20-day moving average. A strong support may be at $2.00 which is also a psychological support.

 
 
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