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[CU]

CapitaMalls Asia Limited [2010-02-23] - $2.27

Stock gap up and managed to stay above tight range betwen 2.19~2.25 to close at 2.27 on increased volume. Daily MacD histogram observed short-term bullish divergence while MacD continues to stay negative. A potential reaction-rally could push stock back along 2.32~2.40 upside range.

Reaction-rally target - 2.35 (a mere 3.5% gain)
Tight stop-loss - 2.24 on closing
Validity - 1 week or upon breaking of support/resist

[CU]

As can be seen from the highlighted Red box, stop-loss was triggered on 25/2 (closed at 2.22) before the stock finally hit 2.35 small rally target today.

Current analysis has failed, and closed.

[CU]

CapMallsAsia [2010-03-21] - $2.39

Stock is now forming an uptrend channel as shown, continues to create higher High's and higher Low's since bottoming at 2.19 . Another small Flag breakout has formed with bigger buy-up volume.

Continuation target - 2.47 ~ 2.51 (about 4% gain)
Tight stop-loss - 2.32 on closing
Validity - 2 weeks or upon breaking of support/resist

Chart created with ChartNexus charting software

[CU]

It was quite a big surprise to me as the stock easily lose support of 2.32 the following day on 22/3.

A look at the 10-days Volume Distribution (as of 24/3 closing) chart shows the big buyers overwhelm the sellers in most ranges.



Nevertheless, the analysis still fails 

Current analysis closed

[CU]

CapMallsAsia [2010-05-19] - $2.10

- sharp rebound, but resisted along last significant low of 2.19 back in Feb
- traded well within parallel downtrend as shown
- arrows shown indicated the possible moves

Chart created with ChartNexus charting software