Logo

As mentioned yesterday, CityDev and Ezion may present shorting opportunities and it did arise today. CityDev candlestick today is an engulfing bear, meaning there could still be more downside. But still need to watch out for the 200MA being the support and also that the volume today is lower than yesterday's.



Another counter put on watch list for shorting is SIA.


Though current climate may present slightly more shorting opportunities, there are still some counters showing strength. One such counter is Capitamall which had been mentioned a few times previously. It had tested the 1.99 a couple times recently and it finally broke that resistance with volume today. If it manages to stay above this, then it is likely to head towards the next resistance of 2.14.