City Group keeps falling - Analysis - 14-12-2021

Economies.com
2021-12-14 10:45AM UTC

City Group's stock (C) fell 0.87% in the last session, settling at 60.18, amid the dominance of the downward correctional trend in the short term, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI.

 

Therefore we expect more losses for the stock, targeting the pivotal support of 57.40, provided the resistance of 63.90 holds on.

 

Expected trend for today: Bearish

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