CGPOWER appears to be in Stage 4, where the stock has broken down, retested the level, and resumed its decline. A break below 606 could lead to fresh lows. Keep an eye on this critical level for potential downside continuation.
Huge volume in red candle
Huge volume in red candle
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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.