Long
Wedge pattern on CERC
On the chart you'll see that this stock is nicely trading between the trendlines. I am long biased, but you can make some profit on the downside as well.
I will wait until the price hits the lower trend line (around 3,5) and buy shares.
My stop loss will be just under the trendline, around 3,30.
My profit target will be around 4,30.
Happy trading!
I will wait until the price hits the lower trend line (around 3,5) and buy shares.
My stop loss will be just under the trendline, around 3,30.
My profit target will be around 4,30.
Happy trading!
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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.
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.