CGF great potential to go
There is a strong support zone starting @ 9.01.
Once the price reaches this zone, I expect it changing its direction up to the first resistance zone @ 9.78
The trend change is also acknowledged by a RSI divergence and a double bottom. Expecting for 3rd and jumping in.
In this particular case the stop might be very short (right under the green support zone @9.01), to avoid the unnecessary losses.
Once the price reaches this zone, I expect it changing its direction up to the first resistance zone @ 9.78
The trend change is also acknowledged by a RSI divergence and a double bottom. Expecting for 3rd and jumping in.
In this particular case the stop might be very short (right under the green support zone @9.01), to avoid the unnecessary losses.
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.
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.