CAB is going for the last leg up for RAYA festivalBased on EWO, it is possible that CAB is going for the last leg of smaller W-5 to TP area in blue line.
This is in sync with chicken price hike especially during festival.
Next would be a retracement, it could be shallow or deep retracement and based on the current hype, it should be shallow.
Happy Eid everyone
CAB
Is CAB Cakaran able to breakdowntrend line and EMA2001) Short term candle pattern shows a price increasing from support 0.405. Its strong support.
2) EMA20 is facing upwards and possible to cross EMA50. Bullish signal.
3) If can break the white line , its breakout of midterm downtrend line.
4) Beware on EMA200 line
Mampukah CAB memecahkan kumo cloud dan meneruskan pendakian?CAB membuat tapak yang sangat kukuh pada aras 0.405 dan selepas itu membuat tujahan yang sangat kuat. Aras yang perlu di pecahkan adalah kumo cloud bagi menentukan kekuatan CAB meneruskan pendakian. Sama-sama kita follow rapat dan siapkan trading plan ya. (Sekadar kajian dan pembelajaran).
BNK ETFChallenge to multi-year Overhead supply, run by non-commercial traders.
According to many colleagues usually, this behavior encourages retailers to take the trade but in reality fails as it is run late.
Therefore, I personally think that at some point European banks as a whole are to outperform.
CAB - Support breakdown short from $52.33 to $47.33CAB seems rolling over & broken down its support. We think it will decline father.
* Trade Criteria *
Date First Found- May 22, 2017
Pattern/Why- Support breakdown short
Entry Target Criteria- Break of $52.33
Exit Target Criteria- $47.33
Stop Loss Criteria- $54.47
Please check back for Trade updates. (Note: Trade update is little delayed here.)
BassPro is SHROTING Cabelas STOCKS in Wall SteertWell Cabelas (CAB) was a short stock, but don't know what BassPro saw in it. But guess what? All the bears and $hort sellers will jump into it after few weeks once the top comes in the charts. Even though Bass bought it at $65.50 per share but I don't think it will go that far high in the stock price as most of the resistance line starts below $64. But incase even if it reaches out that much guess what, I would love to go short for sure. I would call it a dead cat bounce. If you look at the hunting and fishing stats, those are declining. And yes Gun sales might grow higher in last 8 years but also prices of the guns are falling a bit. So don't know how they will maximize the profit even though gun sales goes up but price falls. We might have to see how the economy plays out in that case on consumer demand VS. Supply VS price curve chart. Sorry our so called education system didn't taught us how to do it and our lazy greedy software's doesn't provide that solution either so can't draw it dear.
Let me watch sexy Kim now on Paris incident news even though am not a fan of her bul-shoot as she is getting older and loosing her charm. Need to find some one else.
Sources:
www.statista.com
www.census.gov
nssf.org
www.statista.com
www.statisticbrain.com
time.com
www.atf.gov
www.fws.gov
www.census.gov
Fish and game: Bass Pro Shops is buying Cabela's money.cnn.com
www.usatoday.com
