Long
$CGA - risk / reward - Earnings Play: Higher Lows

CGA - Overall, it is still bearish however, possible short term play while China ticker and
SEED is picking up on volume.
MACD histogram is getting closer to 0
RSI is still below 68 but trending higher
Low volume
Trending up with buyers accumulating last week
Earnings coming up 11/18 finviz.com/quote.ashx?t=CGA
Trade IDEA:
SWING: Buy within orange line; stop loss .02 or at red line
DAYTRADE: Buy over .77 (watch RSI strength and Volume increase) / tight SL .03 if it fails
Take Profits at the green line (scale out)
Possible run up to .90
MACD histogram is getting closer to 0
RSI is still below 68 but trending higher
Low volume
Trending up with buyers accumulating last week
Earnings coming up 11/18 finviz.com/quote.ashx?t=CGA
Trade IDEA:
SWING: Buy within orange line; stop loss .02 or at red line
DAYTRADE: Buy over .77 (watch RSI strength and Volume increase) / tight SL .03 if it fails
Take Profits at the green line (scale out)
Possible run up to .90
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.