Wednesday, May 30, 2018

CityDev: Selling still towards target... price 11.28. System says?


Just a week back, we spotted some negative price actions with Citydev breaking below the 11.70 support level…


Trend indicators were also looking weak and showing signs of a reversal down…


We have seen more selling over the past few days especially with market being weaker…


See what was sent out to inner circle members then….





Not good…


Target towards 11.00 may still play out…


The thing is, we actually some a 1GT Bearish signal on the PTI System before the selling started


On 14 May 2018, about 2 weeks back and then the weakness accelerated.….


No exits…...


See what I mean below…. Cautious.


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