City Group's stock (C) rose 0.73% in the last session amid positive signals from the RSI, settling at 60.65, amid the dominance of the downward correctional trend in the short term, with negative pressure from the 50-day SMA.
Therefore we expect the stock to return lower, targeting the pivotal support of 57.40, provided the resistance of 63.90 holds on.
Expected trend for today: Bearish