Tag CityDev

CityDev (C09) : Bearish Kumo Twist

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

City Development (SIN:C09, C09.SI, CityDev) : Ichimokyu Short Setup

City Development has a bearish Tenkan sen – Kijun sen on June 23, the day it gapped down. While the kumo seems to provide support at around 8.38, a closer look at the Weekly Chart provides a different picture. 1. On the Weekly Chart, it shows that the price is now within a fairly thick [...]