CANADIAN IMPERIAL BANK OF COMMERCE

Long

CIBC Trendline support

Updated

CIBC on trendline support.

Stoploss below trendline, with next support at $90, then $70.

Note

Update:
CIBC coming to resistance area soon.
Resistances start at $108.75~ and head up to $112~
Recommend buying the dip.

snapshot

Note

A closer view.
Keep stop loss tighter as we approach the trend line.
It's better to take profit, than to suffer loss.

snapshot

Note

New chart out!
See it here:

CIBC at it's limit for now?

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