At the current level, and seeing more red than green candles at the chart, quite reserved and doubt its ability to clear 537, 542 & 550, which were the three highs recently formed, from October till now.
$CityDev (C09.SG)$it's unfortunate but true that this stock is gone case whether short, mid or long term tbh..........And it's the only stock that I have vested interests for few years and still losing $ 🤣
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我想懵你去荷兰看奶牛
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Just treated as 1 split into 2, $10.50 to $5.25, u will feel much better
I am 102702622
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I believe this stock has turned the corner. It is building energy to make a big move. The longer is takes to consolidate, the more power it is going to build to the upside.
$CityDev (C09.SG)$think this one won't have much TA logic for now. just got to keep it and wait one day suddenly the interest comes in and we will see this one fly up. this should be explosive just that not sure when the interest want to suddenly come.
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TWIMO (151403908)
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2009 was the last time the price was this low. What’s up with their strategy?
Deep Sea
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As long as interest rate continues to drop, city dev will have chance to rise high next year with drop in refinance costs. The company intends to sell some existing properties to recycle capital which will add some positivity to the stock when the time comes.
TWIMO (151403908)
524773
OP
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It isn’t an opportunity for you at this point. Dividend isn’t attractive either. One would average up instead of down unless you’re a whale looking to become major shareholder.
Deep Sea
TWIMO (151403908)
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If you look at JMH when it drops from 48 to 32 this year, u will know averaging down is the correct way to earn big profit when the stock rebounds back to 46++ now.