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CAPLAND INTCOM TCAPLAND INTCOM TCAPLAND INTCOM T

CAPLAND INTCOM T

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C38U trade ideas

C38U BUY/LONG NOW READY! 2.10 to 2.65 by End AUG/SEPT 2021TICKER CODE: C38U Company Name: CAPLAND INTCOM T Industry: FINANCE. REAL ESTATE INVESTMENT TRUSTS Position Proposed: BUY/LONG (NOW READY!!) BUY ENTRY: 2.00-2.10 1st Partial Take Profit: 2.65 (AUG 2021-SEPT 2021) Potential 2nd Take Profit: 3.05 (END of 2021) Stop Loss: 1.85 Technical Analysis 1. FLAGPOLE + Rising Wedge Occurring, 4 touchpoints established, POTENTIAL BUY/LONG to mentioned prices by end of SEPT 2021. 2. Inversed H&S forming now, with the completion of the second shoulder, it might POTENTIALLY push the market to mentioned prices. 3. Fibonacci Expansion indicates a rebound at 0.618 levels, providing further evidence of a Push-up. DO BE WARNED IF THE CHART REACHES THE FIRST TAKE PROFIT, IT MAY DO A REVERSAL.
SGX:C38ULong
by traderprosignals
1
Silver lining in retail sectorsRead about CCT here You see, a retail mall is more than a place for people to get their groceries, dine out or send their kids for tuition. The Covi-19 has sent many retail players going bust and unable to pay their rents due to lack of sales. Some say, convert to online. It is easier said than done when most people are asked to work from home, the need to change their wardrobe to a certain extent has dropped as well. We also know that the Covid-19 vaccine is getting closer each day and who knows, we could be vaccinated before Christmas or by Q1 in 2021. This article here has many underlying stories if you dig deeper. On a political front, many countries are afraid to publicly announce getting the vaccine from Russia instead of US in view of damaging the relationship. It is my wild guess that there will be some countries negotiating to buy from Russia behind US back. I am expecting some correction in the heavily overbought sectors like Tech and IT and think that sector rotation to the badly affected industries like Retail, Tourism, Entertainment, Casinos, etc might see a reversal towards Q4. Moreover, this Reit also provides 4% dividend yield so it can be used as a defence strategy as well.
SGX:C38ULong
by dchua1969
1
C38U Possible Long SetupPrice is at a very respected trend line support (numerous touches), and in confluence with the 50EMA as support. Bullish engulfing / tweezer bottom candlestick pattern formed at this level, adding to the bullish setup. Stochastic indicator approaching the oversold area, suggesting further bullish action. Possible profit targets could include the 200EMA, the upper trend line level, or the previous high. Stop loss levels could include be below the wick of the current candle, below the previous low, or below the horizontal line denoting past resistance, which could be tested as new support. Let me know your thoughts.
SGX:C38ULong
by jellyfishy951
CapMall Trust - Time to stake for the ride up againCMT was pushed up quickly from 2.13 to 2.35 yesterday before crashing all the way back to 2.05 today. It appeared to find support at 2.05 which is also the 50% fib retracement of the swing up. A potential bullish divergence is also forming on the 4hrly chart. I would test the long here @ 2.05-2.06 with a stop @ 2.00 and looking for a retest of 2.35 as its initial target. Hope it works out! Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.
SGX:C38ULong
by Juliac
CapitaMall Trust - Tweezer bottoms with Bullish divergenceCapitaMall Trust tested a significant support between 1.48-1.50 yesterday and today it formed a pair of tweezer bottom reversal candlestick with bullish divergence on the RSI to boot. Going long on this guy and looking for an initial target around 1.90 (the recent high). However I will be putting an initial stop loss at 1.47 and protect any profit with a trailing stop just below the previous day's candle. Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.
SGX:C38ULong
by Juliac
2