CBS is toppling over as Media becomes weak over last 2 weeks
Updated
Media industry became weak in Superior Profit Analysis.
CBS has Lower High Lower Low in Daily CUE Hop On.
CUE Backdrop Weekly is Bearish (magenta). Two Bearish Headwinds came since 10th Mar in Weekly.
Stock dropping though SPY was going up for last few days - and that too, sometimes with Very High Activity.
There is enough distance for a quick Swing Short Profitable Trade.
CBS is also at CUE Pendulum High - a high place to take Short.
CBS has Lower High Lower Low in Daily CUE Hop On.
CUE Backdrop Weekly is Bearish (magenta). Two Bearish Headwinds came since 10th Mar in Weekly.
Stock dropping though SPY was going up for last few days - and that too, sometimes with Very High Activity.
There is enough distance for a quick Swing Short Profitable Trade.
CBS is also at CUE Pendulum High - a high place to take Short.
Trade closed: target reached
CBS hit Lower on 3rd May and profit was booked.forums.superiorprofit.co/post/will-you-short-cbs-as-swing-trade-8491709?pid=1295530046
screencast.com/t/NP5XEktz
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