Capitaland Mall Trust (SGX: C38U) has been on a range bound in a form of a larger corrective flat waves since the strong impulse down move in March 2020. To add on, the recent technical indicate a stronger downside to come:
*Timeline of the trade is 3 weeks from the date issued.
Exponential moving average
Red dotted line = 200-day moving average
Blue dotted line = 50-day moving average
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