Saturday, March 29, 2008

Update on Citydev 29 March 2008





Trading within descending broadening wedge pattern. Also trading between 25 and 50 day MA. Already hit the 50 day MA once. 2nd hit might be the breakout.

Gap noted 11.82 - 11.58. Might gap cover. As with most property counters, volume was not very high.

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