Monday, January 7, 2013

City Dev (technical)

City Dev, Technicals seems to indicate more downside ahead, with RSI, ADX and Stochastics all trending downwards frm Oversold Territory. Counter has broken its 20 day MA at #12.76 and the next strong support could be seen at $12.00 (Resistance turned support) which also coincides with the 50 day MA.

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