City Group's stock hit a session high at 80.75 before bouncing lower and trimming the gains to 0.30%, amid negative signals from the RSI, while moving alongside the upward medium-term trend line, with support from the 50-day SMA.
Therefore we expect more gains for the stock, as long as the support of 77.75 holds on, targeting the pivotal resistance of 83.13.
Expected trend for today: Bullish