CDZI is in the utility sector, which been pretty bearish recently. The utility sector (XLU) seems broken down from an upward channel & going downCDZI also seems breaking down key label of support. It also has some insider selling & very bad 737 price vs Share ratio. We think it is a very good short setup.
* Trade Criteria *
Date First Found- July 10, 2017
Pattern/Why- Key support breakdown short
Entry Target Criteria- Break of $12.23
Exit Target Criteria- $8.16
Stop Loss Criteria- $13.58
Please check back for Trade updates. (Note: Trade update is little delayed here.)
* Trade Criteria *
Date First Found- July 10, 2017
Pattern/Why- Key support breakdown short
Entry Target Criteria- Break of $12.23
Exit Target Criteria- $8.16
Stop Loss Criteria- $13.58
Please check back for Trade updates. (Note: Trade update is little delayed here.)
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Penerbitan berkaitan
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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/
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.