CF trade ideas
$CF forming nice bullflag with first target around $32$CF forming nice bullflag with first target around $32
CF LONGNYSE:CF Previous Resistance has been broken. Profit target is based on measured move of this reversal pattern, and a stop loss has been placed at a reasonable previous low.
$CF closes right on 200dma - has to hold here and reverse up $CF closes right on 200dma - has to hold here and reverse up
$CF above 200dma - rising grain prices should revive the ag comp$CF above 200dma - rising grain prices should revive the ag comp
CF Industries heading up?CF Industries down trend has ended, with the EMA 50 crossing above the EMA 20, the price finding support at 28$. Next target is 32$ then 36$. Adding to that, Goldman Sachs upgraded CF Industries (NYSE: CF) from Neutral to Buy with a price target of $36.00.
Uptrend to top and then possible bounce or outbreakTested the top on Jan/15 from 1 year ago. Uptrend for next week before earnings report.
CF INDUSTRIES - LINE STUDIES - LONG - WEDGE - BREAKOUT#CF - CF INDUSTRIES HOLDINGS - WITH A QUICK LINE STUDY OF CF WE CAN SEE THERE IS A NICE WEDGE FORMING WE ARE AT A STRONG AREA OF RISING SUPPORT AND WITH A GOOD BUY SIGNAL FROM TENKAN / KIJUN SEN CROSS ON THE 4 HR FRAME WILL BE ENTERING LONG LOOKING TO GET ANOTHER TOUCH ON THAT TOP SIDE.
COULD BE LOOKING FOR A BREAK HERE AS WE ARE LAGGING BEHIND SECTOR AND MAY BE TIME TO PICK UP A GEAR BUT IT DOES LOOK LIKE THERE MIGHT BE POSSIBLE LEG DOWN BEFORE THE BREAK
LOOKING AT THE WEEKLY THERE IS A STRONG AREA OF SUP / RES AROUND 47.99 WHICH IS ALSO EXACTLY A 50% RETRACE FROM FIB HIGH TO LOW THIS COULD BE OUR TARGET WHERE SECTOR ALSO LOOKS TO BE GROUNDING SUPPORT
CF bullish opprotunity!CF looks like to hit the bottom.
We have nice chance to go bullish if the market responds properly.
