Sunday, March 23, 2008
CityDev
City Dev has an interesting chart.
There's a descending broadening wedge but if that continues it looks like City Dev is in for a big drop. $10.27 Jan lows were taken out recently so not a double bottom.
However this might be a busted double top pattern?
$13.05 and $15.60 will be resistance levels to watch.
Will monitor.
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