City Group stages tactical decline - Analysis - 10-12-2019

City Group's stock fell 0.63% in the last session after the pivotal resistance of 76.26 held on, amid the dominance of the main upward trend in the medium and short terms, with positive signals from the RSI, coupled with positive pressure from the 50-day SMA. 

Therefore we expect the stock to return higher, targeting the resistance of 80.68 in case the resistance of 76.26 is breached.

Expected trend for today: Bullish