tradearcher

$CB (D) Healthy overall. As long as it holds near 114 or near

NYSE:CB   Crude Oil Brent
the bottom of the bullish channel . OBV slowly diminishing and RSI has some room to find support. Recent bearish MACD xover while in a macro marginally bearish MACD trend. Even though SMA50 (Red MA) has a positive slope, prior signals warrant caution near term.

Let it pull back some. Discounts entries are ok. Be patient. Let others do the hard work first; with their money. So what if it fails support near 114. Risk management is paramount, thus confirm with your rules.
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