CIY city pacific limited

peaking- too high, page-6

  1. 6,951 Posts.
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    Chartists who would be regarded in much higher light than I will say that shares Fill Gaps so if that is the case this run has gone too far and the shares should fall back to around $2 to give a safer entry .
    Of course I know about this company from a long time back . I als know it has recently been tipped so there will be a load of speculators in the shares and some of those will wish to sell out and take their profits .Regarding it's future , that is very debatable as there has been a large run in property price increases and that honeymoon cannot last forever.The reserve bank has been warning people long enough and has kept the interest rate differential in AU$ to US$ high and the AU High with it to try to cool down the property markets.
 
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Currently unlisted public company.

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