CMG is trending higher for a while now. Target of bulls achieved around the current range of $700-$720. I can't exactly tell when it will drop but this is the area we should be looking for a short opportunity, imho. Looking for a low target of $510-$490.
Note
$50 dropNote
nice dip to $660, expecting more downside movesNote
$641. Still has more room to dropDisclaimer
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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.