Trading Strategy for Capitaland

1. Trend Analysis
Trading Range Since 2013 Jan

2. Indicator Analysis (daily)
100SMA daily strong S&R , weekly closure above May go back to Trading Range
Stoch at mid range signaling neither side are winning (Neutral)
MACD at neutral level - unlikely for breakout (Neutral)
Volume is decent , not super high (Neutral)

3. Chart pattern analysis
Trading range triple bottom (bearish to bullish reversal) and last rejection from 2.68

4. Candlestick analysis
Not available awaiting for reversal ( probably a morning star ) or a bearish engulfing for breakout

Trading Plan
1. Trade the Trading Range since its been from 2013
Entry: wait for a re-test of 100daily sma and a weekly candle close above it.. this would require a reversal pattern on daily candle
SL: weekly close below 2.68
TP(1):2.97
TP(2): 3.29
TP(3): 3.8

please DYODD