CIB has found support recently from a previous level on the weekly chart but on the daily it is at the trendline resistance.
We want to wait for price to make a decision (breakout of trendline or breakdown of support level) before considering a new position on this stock.
Earnings are due next week so this is another reason to wait for price to make it's move.
We want to wait for price to make a decision (breakout of trendline or breakdown of support level) before considering a new position on this stock.
Earnings are due next week so this is another reason to wait for price to make it's move.
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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.
Web: javid.live
Twitter: x.com/iJavidTrader
Twitter: x.com/iJavidTrader
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.