CEDAR REALITY TRUST (CDR) Swing Trade
Updated
Inverse Head and Shoulders forming. Neckline is at around 3.94. Think this will definitely run up to the resistance point at 4.16 which would be a 4% gain from current price of $4. If passes that resistance I see this running to 4.31 at least which would be about an 8% gain. Also a bullish flag is forming just above the neckline which make me even more bullish on this stock.
Note
Still Bullish on this would been good entry this morning as retested the neckline.Note
Target 1 Hit 4 percent gain so far.Note
Not looking good but that could be because of the ex-divendend date .05 off share price. I existed after rejected resistance yesterday for 3.2% gain
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