Case Study : CITYBANK

Explain the chart. If you need help, pls. click the link : http://dse-analysis.blogspot.com/2011/12/secret-of-my-chart.html

(Pls. click on the image to enlarge)

Case Study : CITYBANK

Successfully able to break its resistance line that is now acting as a support line. Volume also looks good. Hope support line will able to sustain.

(Pls. click on the image to enlarge)

Case Study : CITYBANK

Please look at the chart :

(Pls. click on the image to enlarge)

Price is staying near the Bollinger Band mid line. Preparing for a new move. Hope for up, if rising volume can give a support.

"Your money, Your decision". No need to follow others advise specially in share market.
-------------------------------------------------------------------------------------------------------------
Please note that this analysis/chart does not mean that (1) I'm holding this share, (2) I've an intention to buy it, (3) I'm suggesting you to buy it. All these are for our learning purpose. by JC