CGC Daily Review
2/5/2020
(Apologies for the lack of updates, traveled for job #1 last week and caught a cold. Back now!)
Where is price, and what's going on?
The Bull Flag from 1/13 is now on Day 13 of consolidation. Priced closed with a doji below EMA20, yet inside the yesterday's trading range. A descending channel has clearly formed.
Is this bullish or bearish?
Until and unless we close below $20.14, it is bullish. THAT IS THE STOP. Closes below that number invalidate the entire bull thesis. That said, $21.56 has been an important number - an hourly close below and 20.14 will come fast.
DO NOT GUESS!
(Apologies for the lack of updates, traveled for job #1 last week and caught a cold. Back now!)
Where is price, and what's going on?
The Bull Flag from 1/13 is now on Day 13 of consolidation. Priced closed with a doji below EMA20, yet inside the yesterday's trading range. A descending channel has clearly formed.
Is this bullish or bearish?
Until and unless we close below $20.14, it is bullish. THAT IS THE STOP. Closes below that number invalidate the entire bull thesis. That said, $21.56 has been an important number - an hourly close below and 20.14 will come fast.
DO NOT GUESS!
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.