Thursday, September 28, 2017

Cityneon: Nearing target slowly.... More upside from here? Price 1.18


Just last Friday, I did a blog post on Cityneon where it had just made its move above the 1.10 level, it was then at about 1.13 ... >>> http://singaporetradinginsights.blogspot.sg/2017/09/cityneon-action-started-again-more.html


Anyway, we did see a sell down Monday back to the key 1.10 level where we saw a pretty bullish candle....


And then, up it went over the past few days to a high at 1.18 today....


Looks like it is nearing the 1.20 target as mentioned....


See the updated Chart as of today below...


For illustration purpose only



We are starting to see some profit taking as we approach the key 1.20 level which is normal by the way....


The question is, can the upside continue above 1.20 now?


Yes probably.


System wise still looking good, at least for now.... BUT looking at that specific price action to see the next upward phase...


Would be good to also consider locking in some profits near 1.20 and reassessing  J


Also, if you have read my 8-page (TOP 3 STOCKS REPORT) prepared on Monday, 25th September 2017....


You'll realize that this stock was actually inside....


The post actually went Viral on Facebook.... thanks for liking and sharing the love... J


Still have not got the report? 


Click here and comment >>>>  Get your 8-page report now , see what are the other stocks you can put in your watch list too..


Want to learn more about why the stock has risen as targeted?








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