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Capitaland resumes downward slide

trader88 — Fri, 01/08/2008 - 14:02

It is a pity that the resistance 5.97 breakout turned out to be short lived and thus a false one.

With the support at 5.53 breached today, the anticipated stabilization and subsequent rebound is coming to a halt. Capitaland is heading toward next support at 5.42, followed by a more crucial support at 5.10.

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