City Group's stock (C) fell in the intraday levels, recording a loss of 0.50% in the last session, or 0.36 points, after the important resistance of 72.23 held on, in an attempt to gather momentum to help it rise anew and pierce that level, amid positive pressure from the 50-day SMA, while trading within an ascending price channel in the medium and short terms.

Therefore we expect the stock to return higher, provided it pierces the resistance of 72.23, targeting the next one at 76.60.