CMI "Stock in a Box"

١٦ ديسمبر ٢٠١٣

CMI is a classic example of a stock in a box, currently the stock is testing the upwards end of this range, breaks of these boxes can be very powerful moves as this consolidation period has everybody waiting to see the direction it breaks in, look for some follow-through here in the next few weeks, if it breaks to the upside with strong volume then this stock is a buy and hold for new all-time highs