Wanna talk about Capitaland, as I have been waiting to see if something is happening. I chanced upon looking at the chart and seeing some accumulation going on as somehow I had a gut feeling that something is amiss with the property sector. Indeed the BBs had pressed the button later and pushed the property sector price within one day (other property stocks like UOL and Kepland was rocketing too). Will this stock continue to move up further? I think it will but given the deep correction by the US market has dampened the momentum of Singapore stocks, it might just hover around until release of earnings by Capitaland but beware of tricks by the BB!
