City Bank in front of wild move ?

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City Bank in front of wild move ?City Bank PLCDSEBD_DLY:CITYBANKZamizakiCity Bank has closed the monthly candle above a significant volume-weighted average price (VWAP) level. Today's candle is going to form a bottom wick. I would rather prefer it as a long tail rather than a short tail, suggesting a successful retest of the breakout level. If this interpretation holds, we may see a bullish (green) monthly candle. Since we don't have sufficient historical data at this level, it's difficult to project a price target. However, strong buying volume could confirm the breakout and support further upside.