Seeing some actions today again with it trying to find a new high….
High seen at 1.135 for now….
May start to find a new higher support for now…. Can it touch 1.20 next?
Congrats to those who managed to lock in some last week….. :)
We actually had a 1ET Bullish Entry signal on my system 2 weeks back fyi…… before all the hoo haa…. Grads please check.
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Recent Emails:
Sent: Friday, October 28, 2016 9:38 AM
Subject: ******* Cityneon: A new high followed by some profit taking, may still be good above 1.05, price 1.07
Subject: ******* Cityneon: A new high followed by some profit taking, may still be good above 1.05, price 1.07
From yesterday’s call, we have indeed seen Cityneon touched a high of 1.115 before some profit taking which is normal given the spike. We can start to see some support from 1.05 now which would be the original resistance it broke out from. As long as 1.05 is a support, we can still expect more short term upside with a test of the 1.115 new cap for now. Today we are seeing some profit taking again in line with the weaker market. Short term trend fairly intact with 1.05 holding now.
Sent: Thursday, October 27, 2016 9:28 AM
Subject: *********** Cityneon: Testing previous high, can expect more strength above from here, price 1.05
Subject: *********** Cityneon: Testing previous high, can expect more strength above from here, price 1.05
After the firm move back to the 1.00 yesterday, we are seeing a further push away from the new support at 1.00. Previous high was from 1.05 – 1.055 where it is currently testing, we can start to see more strength above towards 1.10 then 1.20. Longer term uptrend intact with moving averages still pointing upwards firmly. MACD has crossed above the zero mark where momentum can continue, especially above 1.05.
For illustration purpose only
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