C1IC34 trade ideas
CI continues uptrendCI has recently begun to trend very well - especially since clearing the $100 zone. There were a couple of retests of the figure then, in early February, the daily 50ma held as support. Since then the trend has been linear.
As the trend is only just beginning to smooth out it is early to enter a long-term position at the moment. But as the overall trend has been bullish for some time it is perfectly adequate provided you have a sensible stop in place.
Cigna 60 min decision point Cigna basic 60 min rising wedge, may be time for a breather as weekly/daily momentum have been overextended for a considerable amount of time
CI completed its' 1.618 fib extension from 2008CI completed its' 1.618 fib extension from 2008 peak to trough. The more I use fib analysis in my studies, the more and more i'm coming to believe in its powers.
