CityNeon – [ Huge Volume In, What’s Your Trade Plan? ]
Chart Source: Poemsview 5th Spet 2018
CityNeon saw a huge volume surge yesterday which was the highest seen over the year. Something that caught our eyes.
CityNeon couldn’t close above the previous high of $1.16 and we are watching for a sustained break above this resistance in order for Cityneon to have more upside movement.
CityNeon also continues to stay above its uptrend line which is a good sign. The moment it breaks that then the uptrend won’t be valid for us.
We’re looking at Cityneon closely to see if it can break that horizontal resistance of $1.16.
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