OutbreakWe have exceeded a rising wedge today within a clearly favourable market. It had looked like a banner stick until mid August but instead a correction we got this rising wedge from which we've been broken out today.
CEG trade ideas
CEG - LongI did buy into CCEG on the breakout yesterday - frustratingly I couldn't post this as I was at an Expo.
Its breaking out from an area of very tight consolidation (and has previously had a very sharp move up!)
Tight stop + High RR
$CEG IPO Possibly Setting Up$CEG that i've posted about previously is now making it from my larger watchlist to my secondary WL.
Would be ideal if it puts an inside day tomorrow and come out Thursday (orange bars).
Will be watching it.
$CEG IPO in Energy Sector$CEG is an interesting IPO in the electricity, natural gas, solar or renewable energy market.
Interesting low pivot here right below its 50 MA.
IPOs holding up like this in a bear market always get my attention.
