CVW @ 9 NOV 2021
Text me if you have any questions/comments for me.
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CVW
- First time doing a written analysis on CVW
- Stock has some history of erratic uptrends followed by a 90% drop from the All-time High on 2018 till the Covid pandemic crash
- From March 2020 till Sep 2021, the recovery has been slow with a plenty of sideways movement
- Over the last 2.5 months, the stock is showing promising signs of an uptrend
- Last week’s strong test of the short-term average is proving that the stock is respects the strong support
- Strong resistance at $0.80 levels that has been around as far back as mid-2014
- Successful breakout looks to be at 0.815 levels
- R is above 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a successful breakout before plotting entry if comfortable with a strict 10% Stop Loss
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CVW
- First time doing a written analysis on CVW
- Stock has some history of erratic uptrends followed by a 90% drop from the All-time High on 2018 till the Covid pandemic crash
- From March 2020 till Sep 2021, the recovery has been slow with a plenty of sideways movement
- Over the last 2.5 months, the stock is showing promising signs of an uptrend
- Last week’s strong test of the short-term average is proving that the stock is respects the strong support
- Strong resistance at $0.80 levels that has been around as far back as mid-2014
- Successful breakout looks to be at 0.815 levels
- R is above 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a successful breakout before plotting entry if comfortable with a strict 10% Stop Loss
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.