Tuesday, September 25, 2012

Singapore Stock Chart - Capitacomm

Capitacomm closed $1.425, despite the market is down today this stock still stay strong and move higher. Since beginning of this year this stock has up almost 34% excluding dividends. Still on a smooth uptrend. Our ART system did not trigger the recently sell signal as it did not break prior day low. Now it has changed to Blue bar and today there is a buy arrow, we see that mid term trend remain strong. Short term there might be some opportunities for entry. The support is at $1.38, a good entry will be somewhere near the support. Stoploss can place at $1.37. Timeframe: mid to long term.