Yesterday 
CDE broke through bearish flag and is now targeting region at around 4$, based on the symmetry and current chart structure. There it should find strong support, for the move higher.
Potrential trade: Sell short @ 4.60-4.70 region
Target: 4-4.15
Stop-loss: 4.90
Risk/reward: 2 to 1 or 3 to 1 based on the entries, which is reasonable.
CDE broke through bearish flag and is now targeting region at around 4$, based on the symmetry and current chart structure. There it should find strong support, for the move higher.Potrential trade: Sell short @ 4.60-4.70 region
Target: 4-4.15
Stop-loss: 4.90
Risk/reward: 2 to 1 or 3 to 1 based on the entries, which is reasonable.
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Related publications
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.