CEI channel play
Trading within a downwards channel. This is a lotto, high risk play with potential 30% gain towards 618 fib & overhead channel resistance. Risk down to lower trend line. Watching for a possible head fake to grab liquidity and act as a spring. Company has had decent news lately, IWM/small caps seemed primed for a go. Good luck traders.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.