Stock in Focus: Cyber Bay Corp. (CYBR)

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Property firm Cyber Bay Corporation (stock symbol: CYBR) has trended down since the spike seen last May 13. 

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Philippine Stock Exchange, Cyber Bay Corporation_CYBR Daily chart, September 4, 2014

CYBR Daily chart, September 4, 2014

CYBR has held at 0.55 for several days since August 22. Currently, bulls and bears are vying for control of 0.60.

The ultimate, near-term resistance is the 0.90-1.00 area, while 0.80 is the line in the sand.

The Detrended Price Oscillator (DPO) may have set a concrete footing above the zero level after being deprived of this opportunity for many months.

Do you have CYBR in your portfolio? Share your thoughts below!

 

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