Monday, January 23, 2017

CityDev: May touch 9.20 target soon, is upside over? price 9.14

Following up from previous calls 2 weeks back, we have indeed seen CityDev pulled higher after moving past 8.60 critical level.

This morning, a call was issued at 9.04, when it shot passed the 9.00 level too and it started to see more strength...

Was supported above 8.80 for more than a week and today finally a breakthrough again where we may see a trade towards 9.20 as drawn in chart below 2 weeks back before all this plays out....

May see some profit taking near there so those still holding can consider taking some money off the table given the run we have seen. Congrats

A firm move above 9.20 on a specific price action can see the upside continue. We will be looking for that....

Raise sl to protect profits for now though... J


Recent Email:

Sent: Monday, January 23, 2017 9:18 AM
Subject: ******* CityDev: Cleared psychological level, next target at 9.20 on track.. price 9.04

Sent: Friday, January 13, 2017 9:23 AM
Subject: ***** CityDev: May head towards 9.00 soon, price 8.85

Sent: Thursday, January 12, 2017 9:18 AM
Subject: ******* CityDev: Pulling away from new support, price 8.75

Sent: Wednesday, January 11, 2017 12:17 PM
Subject: ******** CityDev: A move above 8.60 a short term positive... price 8.70

For illustration purpose only

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