CapitalMall Asia in eyes 2

New year rally is coming. STI rebounded from its bottom since tuesday. This rally mostly due to fat bonus from individual company and lead to strong buying desires among retail investors. A lots of indicators shown positive signal and hint that a buy call is coming!

Capitalmall Asia is one of the stock i will invest at current price. It is below NAV, one of the blue chips at discounted price, fundamentally strong and now it is in the process of forming a golden cross on MACD. I will set tomorrow as evaluating day for CMA as its price is approaching 20 days moving average. If break through, i am quite certain a rally will come. How much room it can go up definately have to depend on investing enviroment and big players. Can retail investors strong buying create buying desires among big players? At the moment no indication on this, stayed tunes for the update.

Happy New Year. Huat ar!



CapitalMall Asia