CMG: Signals of topping - Reversal inbound
Looking at the bearish divergence and fib retracements, CMG appears to have completed a fairly strong corrective wave after an initial sell-off form ATH. This suggest a C wave is inbound, either flat or a strong impusle leg down. Upside limited considering that the consumer behavior that led to strength supporting the current levels is likely to shift again in the near future
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