Past performance is not a reliable indicator of future performance
CapitaLand Commercial Trust (SGX:C61U) bullish sentiment is likely to extend further based on the technicals below:
- Bullish hammer above the support level 1 and 78.6% of the Fibonacci retracement level of 01-2.20.
- Falling wedge formation suggest a bullish reversal coming.
- Double bottom lay nicely on the 61.8% of 87-2.31.
- Stochastic oversold crosses. This signifies bullish momentum ahead.