City Group seeks a bottom to buoy it - Analysis - 14-11-2017

City Group's stock (C) fell anew in the intraday levels, registering a loss of 0.36% in the last session, or 0.26 points, and leaning thereafter on the support of the main upward short-term trend line, with positive support from the 50-day SMA, as the stock seeks a bottom to bounce it higher anew. 

Therefore we expect the stock to return higher, targeting the resistance of 76.02, as long as the support of 71.73 holds on.