CMG at Bottom Channel

٢ يوليو

CMG at bottom of channel. I expect bounce to $69.
TTM Squeeze also in effect. Oversold.

٤ سبتمبر

ملاحظة

In at 61ish since early July '24. Right now $53 is. Near bottom of 26 period channel, so I won't close this now, as I think it will bounce from here. I will hold and close as close to $57 as possible, as that's the convergence of the 26 & 39 period channel. Although money flow is negative and the SMI turned south and sloping negative, the 26 period trend is up and the 39 period trend is flattening. So... will exit at 57ish or hold until year end to book a big loss.

١٦ سبتمبر

تم إغلاق الصفقة يدويًا

Closing position at $57 as price is at top channel. Lost $4/ share on this one.