Sell CMG below 400 with a target of 330 stop loss 420
CMG is showing a long term bearish pattern. It is making lower highs and lower lows from March 16. IT is making a bearish channel. Currently the price is going down after touching next lower high of the channel at 422. It looks like it is going to make a new lower low at 320 of the bearish channel.
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.