CMG at Bottom Channel
Updated
CMG at bottom of channel. I expect bounce to $69.
TTM Squeeze also in effect. Oversold.
TTM Squeeze also in effect. Oversold.
Note
In at 61ish since early July '24. Right now $53 is. Near bottom of 26 period channel, so I won't close this now, as I think it will bounce from here. I will hold and close as close to $57 as possible, as that's the convergence of the 26 & 39 period channel. Although money flow is negative and the SMI turned south and sloping negative, the 26 period trend is up and the 39 period trend is flattening. So... will exit at 57ish or hold until year end to book a big loss.Trade closed manually
Closing position at $57 as price is at top channel. Lost $4/ share on this one. 
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