City Group strives to vent off oversold saturation - Analysis - 22-10-2018

City Group's stock rose 0.35% in the last session, or 0.24 points, as the stock vents off oversold saturation in the RSI, amid negative pressure from the 50-day SMA, while hurt by exiting an ascending price channel recently in the short term. 

Therefore we expect the stock to return lower, as long as the resistance of 70.02 holds on, targeting the support of 66.55. 

Expected trend for today: Likely Bearish