CMG looks tight here, sharp move upside to 60s can be soon. But hesitant to go heavy on this name. I see a possibility this is a B wave and followed by a C wave.
anyways, I've a small position for a swing trade from low 50s
Target 1 - 61
Target 2 - 64
Stop loss - 52, move up with the stock
anyways, I've a small position for a swing trade from low 50s
Target 1 - 61
Target 2 - 64
Stop loss - 52, move up with the stock
Trade closed: target reached
Target 1 reached, And this is the move I was exactly expecting , let's see if this bounces back here or continues to form the C wave
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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.