Singkat
CBM - Rising wedge breakdown short from $49.45 to $25.23

CBM broken down a long term wedge formation, retested its resistance & now falling down again. We considered an entry at the re-test of the resistance area, around $49.90 label. It has good insider selling, we think it has very good downside potential, and it can decline down to $25 area.
* Trade Criteria *
Date First Found- November 7, 2017
Pattern/Why- Rising wedge formation breakdown
Entry Target Criteria- Break of $49.45 (Hit November 7, 2017)
Exit Target Criteria- $25.23
Stop Loss Criteria- $51.53
Please check back for Trade updates. (Note: Trade update is little delayed here.)
* Trade Criteria *
Date First Found- November 7, 2017
Pattern/Why- Rising wedge formation breakdown
Entry Target Criteria- Break of $49.45 (Hit November 7, 2017)
Exit Target Criteria- $25.23
Stop Loss Criteria- $51.53
Please check back for Trade updates. (Note: Trade update is little delayed here.)
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Like what you see? Get full access to our 3X daily members only video/txt alerts & live trading room at smartmoneytrading.com/now
Check out some of our free video examples @ smartmoneytrading.com/insights/
Check out some of our free video examples @ smartmoneytrading.com/insights/
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.