Stock with Momentum: CapitaLand Integrated Commercial Trust

In today’s fast-paced stock market, understanding the subtle cues of technical analysis is crucial for smart investing.

In this article, we examine CapitaLand Integrated Commercial Trust (CICT) (SGX: C38U), whose price action indicates weakness and potentially entering into a larger degree corrective phase.

Key highlights from the technical report:

CapitaLand Integrated Commercial Trust

Market Position: CICT is designated as a ‘technical sell’ after showing signs of topping out.

Entry Prices and Support Levels: Recommended entry points are at S$2.05, S$2.13, and S$2.19, with established support levels at S$1.95 and S$1.77.

Stop Loss and Resistance Levels: To safeguard investments, a stop loss is advised at S$2.23. Identified resistance levels are at S$2.12 and S$2.20.

Target Prices: Set at S$1.90, S$1.77, S$1.70, and S$1.60.

Company Overview: CICT operates as a retail and office real estate investment trust (REIT), investing in retail and office properties, as well as integrated developments.

For a more detailed analysis, click on the link to access the report.

Take advantage of the stock’s momentum.

Our goal is to provide you with clear, actionable insights from the complex world of stock charts and trends. Whether you’re an experienced investor or new to the market, our analysis is tailored to help you navigate the market with confidence.

Please refer to the attached report for the disclaimer.