Rohanalal

CBB Are the Signals Right?

לונג
NYSE:CBB   None
1
After looking through several sites, reports have been advising BUY on CBB. Bell possibly jumped 7% on June 17 due to an Acquisition Target article. 1yr, 1mo, and 5d trends show positive growth of the company with overlap. This company may just be a possible LONG candidate; however, is right now the best price to buy it at? CBB shows minor support around $4.40 but strong support sits at $4.00. With such large gains it may be possible that CBB is on the way back down to the support line $4.00 which would probably be the best time to buy in. Additionally MACD shows a value of 0.0750, a possible sign of a dip in the price.
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