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Saturday, March 28, 2020

CityDev

Chart wise, looks rather bearish!
Likely to continue to trend lower!


Last week we had witnessed a temporary rebound to bring the price higher from $6.11 to close higher at $7.44 , quite an impressive rebound!

Remember market is still on a Bear Mode/downtrend and any rebound could be short-live.


Short term wise, I think it may well go down to revisit $6.11 again!
Breaking down of this level + high volume that may likely see the price sliding further down towards $6.00 then $5.00 with extension to $4.46 .

Not a call to buy or sell.
Pls dyodd.

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