Short
CIEL3 bearish (4%)
CIEL3 crossed support line at 32.80, showing the force of the bearish trend started in 02-August-2016.
As the stock came from an bullish trend and the correction took more than 60% of the last move, it's expected that it will hit the support marked by 30.85.
Stop: 32.80 (-1,58%)
Entry (sell): 32.30
Take profit: 31.00 (+4.06%)
As the stock came from an bullish trend and the correction took more than 60% of the last move, it's expected that it will hit the support marked by 30.85.
Stop: 32.80 (-1,58%)
Entry (sell): 32.30
Take profit: 31.00 (+4.06%)
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Related publications
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.