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Author Topic: City Developments Limited 城市发展  (Read 4078 times)

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HC

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Re: City Developments Limited 城市发展
« Reply #15 on: June 25, 2009, 10:05:19 PM »
City Dev (2009-06-25 closing price 8.80)

City Dev bounced up now hitting breakdown neckline, but yet to overcome the short term down trend line.  Let us see how this goes.

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PolarBear

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Re: City Developments Limited 城市发展
« Reply #16 on: July 03, 2009, 12:01:01 AM »
2009-07-02 Daily Chart [$8.51]

City Developments Limited 城市发展
- daily ADX has dropped to a low level below 20, an occasion last seen back in end-Apr, suggesting non-trending and possible low volatility
- 40days sma remained uprising like its previous occasion while share price briefly hit below
- immediate support found along 38.2% retracement (approx. 8.00) while Stochastics (5,3,3) is about to reach oversold situation

Signal - trading buy when share price came close to 8.00
Support - 8.00 / 7.30
Resist - 9.00
Duration of Validity - 2 weeks
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PolarBear

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Short Comment: City Developments Limited 城市发展
« Reply #17 on: July 12, 2009, 02:28:43 AM »
2009-07-12 Daily Chart [$8.20]

City Developments Limited 城市发展
- as we can see, stock merely breach uptrend line and made a strong rebound. 8.00 (an estimate based on 38.2% retracement) is a fruitful trade if we consider the intraday low of 7.71 is ignorable
- there is two rebound observed back in Jun and they were very short-lived as marked by 1 & 2, therefore the current rebound does not expected to last too

Signal - sell on strength...
Support - 7.30 / 6.50
Resist - 8.76 (approx.)
Duration of Validity - 2 weeks

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HC

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Re: City Developments Limited 城市发展
« Reply #18 on: September 08, 2009, 06:34:06 PM »
City Dev (2009-09-08 closing price 10.98)

Today City Dev break resistance on high volume, volume distribution chart show present of big buyers.  Next resistance 12.00.
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HC

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Re: City Developments Limited 城市发展
« Reply #19 on: November 02, 2009, 06:29:41 PM »
City Dev (2009-11-02 closing price 9.89)

I don't like the look of this chart: a potential H&S formation in progress.  watch support at 9.50-9.60.

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PolarBear

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City Dev - bearish flag breakout
« Reply #20 on: February 22, 2010, 11:39:36 PM »
City Dev [2010-02-22] - $10.30

Stock fell sharply on hugh volume, forming a bearish flag breakout. Daily MacD confirmed with a bearish crossing below signal line while staying negative

Support - 9.0 | 8.0 (based on Fibonacci support levels as shown)
Resist - 11.0
Validity - 2 weeks or upon breaking of support/resist


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PolarBear

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City Dev - bearish H&S Top breakout
« Reply #21 on: May 27, 2010, 12:12:46 AM »
2010-05-26 Weekly Chart [$10.34]

City Dev (城市发展) Chart analysis:
- it would looks like a Double Top if we imagine a leveled neckline along 10.15 (not shown)
- "slant" your mind a bit, and you would probably see what I see as shown
- stock formed a bearish H&S Top breakout
- arrows indicated are the possible upcoming moves

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