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Rejection at resistance
Commercial Metals Company
Short
Rejection at resistance
By matt_forex
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Sep 10, 2014
0
Sep 10, 2014
Price was rejected at resistance. With a bearish engulfing candle as a confirmation.
CMC PE is 30.57 while the overall sectors PE is 23.90.
Waiting for another point of entry.
Engulfing Candle
short
Support and Resistance
Volume Indicator
matt_forex
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