Capitaland Ltd (SGX: C31) strong upside is set to continue based on the recent technical and price actions:

1. The formation of the ascending triangle has formed a strong potential upside once prices begin to break above the resistance zone.

2. The rounding bottom combine with the ascending triangle resemble a cup and handle formation.

3. Bollinger band indicate a squeeze and with the morning star formation formed, the possibility of breaking above the band has increased.

4. Prices is still trending above the immediate uptrend line.