CITYDEV Stock Code C09.SGX
Outlook
Price is trading below the cloud, keeping the downtrend intact. There is a bearish conversion and base lines crossover that hints at potential downside ahead. MACD remains bearish and there is a bearish crossover. These could increase chances of the stock price moving lower.
Strategy
S$5.87 Sell
S$5.55 Price Target
S$6.05 Risk Management Stop
3 weeks Trade Duration
