Capitaland chart. Source from www.chartnexus.com

Capitaland may have found a short-term bottom at around $2.30. The immediate resistance may be around $3.30. This is the gap resistance which had successfully resisted the rebound on 14^th October 2008. It is highly important to watch out for this resistance level to break because both MacD and RSI indicators are giving bullish signals. If this resistance level breaks, it may challenge the next resistance level around $4.20.