Stock with Momentum: CapitaLand Investment

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

In this article, we delve into CapitaLand Investment Ltd (SGX: 9CI), where the upside has been slow, and recent price action indicates the return of the bearish pressure.

Key highlights from the technical report:

CapitaLand Investment 

Market Position: CapitaLand Investment is considered a ‘technical sell’ as the stock has broken out of the rising wedge formation, signaling a bearish continuation to the downside.

Entry Prices and Support Levels: Recommended entry points are at S$2.57, S$2.65, and S$2.78, with established support levels at S$2.47 and S$2.36.

Stop Loss and Resistance Levels: To safeguard investments, a stop loss is advised at S$2.86. Identified resistance levels are at S$2.80 and S$3.00.

Target Prices: Set at S$2.38, S$2.20, S$2.00, and S$1.90.

Company Overview: CapitaLand Investment is a global real estate investment manager with the aim of scaling its funds under management and fee-related earnings through its full stack of investment management and operating capabilities.

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.