City Development Limited (CityDev): 12 January 2014, Sunday, 9.35am Singapore Time

CityDev: 12 January 2014, Sunday, 9.35am Singapore Time

Chart courtesy of ChartNexus.com

Attached above is the chart of CityDev (City Development Ltd, Singapore Property Stock).
All illustrations are as per explained in the chart.

(This stock is available in igmarket)

Target: 
at least $8.60-$8.70
before any consolidation to take place

Donovan Rating:

Bearish

Side Note:
1.Worldwide Physical Property Market will have selling pressure.
2. Worldwide Property Stocks and Equities will have selling pressure.

Donovan Norfolk Ang

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