CBK Trading in a channel since 08/19
Breakout middle of 02/20, due to corona it came back into the channel and is now sitting at the lower channel border and will probably hit a tripple bottom (15/08/19, 09/10/19, today, tomorrow?, next bad market day?)
sitting @ lower bollinger band
sitting @ lower channel border
high volume
oversold (RSI close to a bouncing point)
Daily ma50 might cross ma200 pretty soon (for the first time since 04/18
Might open three positions on the next down day:
#1 TP @5.05
#2 TP @5.9
# let it run
SL will be the trend line which starts on 26/02/18, hits 02/05/19, 07/11/19. As soon as it breaks it this turns into a short idea
Breakout middle of 02/20, due to corona it came back into the channel and is now sitting at the lower channel border and will probably hit a tripple bottom (15/08/19, 09/10/19, today, tomorrow?, next bad market day?)
sitting @ lower bollinger band
sitting @ lower channel border
high volume
oversold (RSI close to a bouncing point)
Daily ma50 might cross ma200 pretty soon (for the first time since 04/18
Might open three positions on the next down day:
#1 TP @5.05
#2 TP @5.9
# let it run
SL will be the trend line which starts on 26/02/18, hits 02/05/19, 07/11/19. As soon as it breaks it this turns into a short idea