http://www.businesstimes.com.sg/stocks/hot-stock-citydev-soars-more-than-3-on-addition-to-major-ftse-index
CityDev started falling last year after 04 June 2015 announcement that it will be removed from the index.
http://www.straitstimes.com/business/companies-markets/citydev-falls-39-on-news-of-impending-removal-from-a-ftse-index
Technically, the current support is at $8.70 and the next support is at $8.45. The resistance levels are at $8.85 and $8.97.
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