This first chart which starts my practice of determine stocks levels and my attempts to choose stocks for trading.
CYH
Now price went down under support line of 25.36. This is the lowest point of two years.
The strong short signal will be appear if next day consolidate under this line.
If so, next goal for stop will be near 21.00, than - 16.00.
If not and we return above - it will be false breakdown and we go again to 31.25.
CYH
Now price went down under support line of 25.36. This is the lowest point of two years.
The strong short signal will be appear if next day consolidate under this line.
If so, next goal for stop will be near 21.00, than - 16.00.
If not and we return above - it will be false breakdown and we go again to 31.25.