City Group exposed to negative pressure - Analysis - 14-10-2021

City Group's stock (C) fell 0.54% in the last session, amid negative signals from the RSI, amid the dominance of the downward correctional short-term wave, while trespassing the support of the 50-day SMA, doubling negative pressures. 

Therefore we expect more losses for the stock, targeting the pivotal support of 64.55, provided the support of 69.35 was breached.

Expected trend for today: Bearish