CPB - Double Bottom Breakout?
Updated
Watching for entry on a breakout above the .5fib and a retrace support entry at 50.
I meant to publish this Friday EOD @47.53 but got sidetracked.
Initial Target = 618fib 54
Long-term hodl target = 786fib 60
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This content is for informational and educational purposes only. This is not in any way, shape or form financial or trading advice.
Good luck, happy trading and stay chill,
2degreez
I meant to publish this Friday EOD @47.53 but got sidetracked.
Initial Target = 618fib 54
Long-term hodl target = 786fib 60
____________________________________________
This content is for informational and educational purposes only. This is not in any way, shape or form financial or trading advice.
Good luck, happy trading and stay chill,
2degreez
Note
Note
Note
If CPB can continue to hold these current levels and not violate the 382 and the current regression uptrend, I would start a position at these current levels. I personally prefer this type of setup under normal market conditions.
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