Buy more CIGThe Company is still the same one as before, earning the same money, having the same clients. Todays reaction is irrational. Take the discount.
CIG trade ideas
CIG looks like a great opportunity for a swing trade.CIG has been very cyclical lately, and has been reliably bouncing off of this trend line and bouncing dramatically. I think there is a high likelihood that it will continue this trend and pattern. That means that I should have a fantastic entry point soon.
$CIGWeekly chart. Again, critical zone this week. Reaching this trend line. Strong support in my opinion on the 3 price zone. Will see soon. It could taste the 2,75 zone.
$CIGCritical zone. Reaching this trend line. Strong support in my opinion on the 3 price zone. Will see soon.
$CIG in correction by the moment.Objective zone 3.70 reached. In my vision possibles corrections Zones: 1) 3/3.10 Support zone and Fibo 38% 2) 2,90/2,60 Fibo 50 and 61%.
CIG Stan Weinstein beginnig stage 2, CIG good potencial,CIG Stan Weinstein beginning stage 2, CIG good potential, good dividends, electrical is future.
CIG - Cup & handle formation break-out Long from $2.87 to $3.67 CIG seems breaking out a cup and handle formation, also broken out long term resistance. Moneyflow is strong, and also has support form the moving averages. We think it has good upside potential & it can go all the way to $3.67 or higher.
It was send through our intraday alert.
* Trade Criteria *
Date first found- February 15, 2017
Pattern/Why-
Entry Target Criteria- Break of $3.10
Exit Target Criteria- 1st Target $3.43, 2nd Target $3.67
Stop Loss Criteria- $2.87
Please check back for Trade updates. (Note: Trade update is little delayed here.)
CIG GOING TO COMPLETE THE RISING CHANNEL?CIG seems dropping hardly and i'm looking for a potential breakout on the neckline of this double top. I'm expecting one more wave up to the upper channel to complete the uptrend.
CIG: A Momentum Stock?Chart Details: CIG has been moving nicely for the past few weeks. With MACD starting to level out, our opportunity to buy in might be arriving. With the Oscillators moving into normal ranges we may see another upward push by CIG. Keep an eye on this one!
*Disclaimer* Present buy may not be a bad Risk/Reward. It has been showing a solid upward trend; however, Key Statistics do show a weighted alpha of -36.
CIG A New Momentum Company?CIG has climbed above its 200 day MA which could possible indicate a trend change, For the last month CIG has been climbing and is up nearly $0.70 from $1.47. I expect the price to continue to increase for the next few days. If the price breaks resistance and maintains that level it would be a optimum buying point; however, if not that look for a dip buy.
$CIG short into resistance$CIG has been running the past three days, will be watching this one to see how it reacts out of the gates tomorrow morning, usually reacts well to being over sold so i'll give it a little room to wiggle before the breakdown short entry with my stop being slightly above the $2 level
