World Indices

Commodities

Capitaland -->Reversal upcoming


Capitaland was unable to clear the downtrend line and form a potential reversal candlestick formation.Another sign of high chance of reversal is that the RSI and stochastic are at extremely overbought region and stochastic shown a cross down.I will keep it on my watchlist and will enter near lower band of parallel channel.However , if i am wrong and capitaland goes up , i will still take profit at upper band of parallel channel.

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