Capitaland Limited... Right on support!

STI close just a little above the critical level 3000... Much of next week action will depends on details of Greece rescue plan held on Sunday and FOMC minutes released on Thursday. Do keep a lookout!

Like STI, the once favorite blue chip Capitaland is right on support @2.75 at the close of Friday! From here, it might retrace and hit channel resistance 3.00-3.05* if STI manages a comeback. It may also be a good time to cut some loss for those badly burn by it!

Happy profiting!!!
* Strong resistance: supply may come in and swamp the infant rally