$CEC: Bear flag with strong support @ 2
Bear Flag continues to form. Choppy market on 14/05 did not devistate the support.
Earnings gave a bearish signal as well.
As long upper limit is not cleared idea stays intact.
Potential trade setup:
Target: 1.25 EUR
Entry: ~1.90 EUR
Stop: 2.25 EUR
Earnings gave a bearish signal as well.
As long upper limit is not cleared idea stays intact.
Potential trade setup:
Target: 1.25 EUR
Entry: ~1.90 EUR
Stop: 2.25 EUR
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