Long
CIDM Swing trade idea
Updated
This swing idea is based on the bullish divergencies of indicators on the chart on multiple time frames (1h,4h,1D) ,CCI signal, current position of the stock price -bottom of the trending channel and the price action for the past couple of days.
Current price of CIDM is $1.39
ENTRY : $1.36
STOP : $1.30
EXIT : $1.51
R/R : 1 to 2.5
Entertainment purpose only, not fanatical advice .
Current price of CIDM is $1.39
ENTRY : $1.36
STOP : $1.30
EXIT : $1.51
R/R : 1 to 2.5
Entertainment purpose only, not fanatical advice .
Note
CIDM moved down to $1.37 ($0.01 short of my entry level) then move up to $1.42 and closed the day at $1.39
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.