CityDev (C09) : Bearish Kumo Twist

Oct 29, ’09 6:16 PM
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The Daily Ichimoku Chart is showing a bearish outlook for CityDev.

1. We have a Bearish Tenkan sen – Kijun sen cross back in September 25.

2. Price is trading inside the kumo, however, the leading kumo has twisted and may trend down soon.

2. Possible trading range between 9.71 and 10.37

2009Oct-CITYDEV-800x600

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