City Dev took another beating as it fell in early trade where shortist were relentless. It broke and closed below our support of $11.54 on monday.
City Dev fell to our downside target of $11.30 and even went beyond to a day low of $11.09. Our near term support is now at the day low. Failing to hold that might see further downside to $10.97. A rebound might be in sight soon if the price can hold.
Of course, our exclusive clients were informed of such a trade set up. As we spent our weekend going through stocks and sending out our research ideas to our clients for them to PLAN THEIR TRADE AHEAD.
Keeping the trade simple and effective as you can see is key as this helps clients to understand the trade with less complication.
Will reveal more of the other 3 stocks as time comes.
Want to be part of this exclusive group to receive such trading analysis?
Be a client of Kelwin&Roy in order to benefit from their wide range of value added services and to be part of their exclusive community