In the weekly email from The EDGE, "CLSA has upgraded City Developments to a buy in a 100-page property report dated Apr 7.... has a target of $14.31 for the stock against ... RNAV (Revised Net Asset Value) estimate of $16.84." The stock closed at $11.76 in the last session. So, $14.31 is some 22% higher! That is some upside! What did I do? I decided to look at the charts. It is quite clear that the rebound from 17 March has come to an end and price had been moving sideways the whole week. Resistance is at $11.78 or so and immediate support is around $11.57. Although price is sideway moving, OBV has been creeping higher which is a sign of accumulation. ADX with both +DI and -DI are flat. There isn't any trend per se. However, with +DI above -DI and ......