Cimic Group's 3rd crack at breaking it's Downtrend.
Been Following this one for a while now. Monday (17thAug) Cimic will try to breakout of the downtrend it's been stuck in since mid 2019. From the chart we can see that it's had 2 unsuccessful attempts in Jan20 and Jun20.
The difference i spot here is the much lower Stotastic and MACD. These indicators have just turned to buy where previously in Jan & Jun they were reaching exhaustion.
The difference i spot here is the much lower Stotastic and MACD. These indicators have just turned to buy where previously in Jan & Jun they were reaching exhaustion.
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.