Possible Long on CSV

What is CSV?

Carriage Services, Inc. provides funeral and cemetery services, and merchandise in the United States. It operates through two segments, Funeral Home Operations and Cemetery Operations. The Funeral Home Operations segment offers burial, cremation, and consultation services; removes and prepares remains; sells caskets, urns, and related funeral merchandise; and enables the use of funeral home facilities for visitation, remembrance, and transportation services.

This is an update to the previous chart, i posted. it looked like it was either gong to breakout or reject before and it seems that we got the rejection a few days ago with the whole market.
However, CSV has been playing this channel really nicely so we could take a long around $13.90 area.

Entry 13.9
target $15.9
stoploss $12.9
Beyond Technical AnalysisChart PatternsCoronavirus (COVID-19)covid-2019CSVdeathfuneral

If you appreciate my technical analysis and want to check out our
Free Newsletter --> diywallst.com/
Also on:

Related publications

Disclaimer