Long
Long Position - 4 hr Interval - CBK
Hello Everyone,
The stock (CBK) appears to be attracting a bullish formation for the next couple of weeks. Since the stock has been oversold for arguably 2 - 3 weeks, there is only "reason" to believe that a reversal is imminent. As what goes down, must essentially come up (basic physics).
For Not Investment Advice. For Educational and Analytical Purposes Only. (Be Aware and Stick To Your Trading Plan)
The stock (CBK) appears to be attracting a bullish formation for the next couple of weeks. Since the stock has been oversold for arguably 2 - 3 weeks, there is only "reason" to believe that a reversal is imminent. As what goes down, must essentially come up (basic physics).
For Not Investment Advice. For Educational and Analytical Purposes Only. (Be Aware and Stick To Your Trading Plan)
Note
Consolidation appears to be taking place (wait for confirmation at Support Level 1) - Green Horizontal Line-LionGate
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.