CAG Approaching the upper edge of the Buy Zone I mapped out on May 25 ($21.12–$16.51), with today's move down to $21.57 putting it right on deck.
The chart remains structurally weak -- monthly candle still hugging the lower Bollinger Band, and the long-term trend hasn’t shifted.
Plan hasn’t changed:
I typically begin scaling in near the top of the zone and add only if price continues to weaken toward the lower band. Nothing forced. Defined risk, defined levels.
As I often emphasize, the best trades often start with patience.
The chart remains structurally weak -- monthly candle still hugging the lower Bollinger Band, and the long-term trend hasn’t shifted.
Plan hasn’t changed:
I typically begin scaling in near the top of the zone and add only if price continues to weaken toward the lower band. Nothing forced. Defined risk, defined levels.
As I often emphasize, the best trades often start with patience.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.