After a good run
CM is up around 12% from the time of writing since the last chart was put out. (Link at bottom)
As there is plenty of resistance around this level i think it's best to sell.
I think we could see a very deep retrace from here, so I'll be watching to re-buy around $100 if I can!
Keep watching for bullish price action below, and don't get greedy!
Overall i consider this stock a really good pick! Definitely a keeper, with a great dividend.
Not expecting it to break lower trendline.
Previous chart:
(tradingview.com/chart/CM/y2zHzakn-CIBC-Trendline-support/)
As there is plenty of resistance around this level i think it's best to sell.
I think we could see a very deep retrace from here, so I'll be watching to re-buy around $100 if I can!
Keep watching for bullish price action below, and don't get greedy!
Overall i consider this stock a really good pick! Definitely a keeper, with a great dividend.
Not expecting it to break lower trendline.
Previous chart:
(tradingview.com/chart/CM/y2zHzakn-CIBC-Trendline-support/)
İşlem kapandı: hedefe ulaştı
Out of short. WIll look for long entryFeragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.