City Development: Hanging Man at $12.00 Resistance! Post author:Marubozu Post published:December 9, 2012 Post category:City Development Post comments:0 Comments Hanging Man candlestick at resistance is a potential reversal pattern. Need to wait for the next candle to confirm the reversal. $12.00 has been a tough resistance to break for past few occasions.Immediate support is at $11.60 (50D SMA). Join the @REITirement Telegram Channel! Tags: Hanging Man Read more articles Previous PostVenture Corp: Forming Double BottomsNext PostUOB Bank: Facing Very Tough Resistance You Might Also Like Property Counters – Unlikely to see rally in the short term December 11, 2009 Singapore Property Stocks PE Ratio November 7, 2010 City Development: Hitting Resistance at $11.30 July 8, 2012 Leave a Reply Cancel replyCommentEnter your name or username to comment Enter your email address to comment Enter your website URL (optional) Save my name, email, and website in this browser for the next time I comment. Currently you have JavaScript disabled. In order to post comments, please make sure JavaScript and Cookies are enabled, and reload the page. Click here for instructions on how to enable JavaScript in your browser.