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Will_Wong
Jun 6, 2019 6:53 AM

CBL: Great Potential. EW ABC correction near completion with C 

CBL & Associates Properties, Inc.NYSE

Description

near bottom channel. Wait for the 1-2-3 points to develop.

Comment

Since the printing of an ATL, it has broken out of the downtrend line, broken out of the iHnS neckline, printed two higher highs, and a higher low. Also a perfect match of the wave 3 target and iHns Target

Comment

Short squeeze.....60% in 2 days. NYSE required CBL to maintain stock price above $1 for 30 days....Exeter acquired 11% activist shares. Short float 28%. Outstanding shares 173M. Short volume 44M. Volume in the past 2 days 20M. Expect another 2 days of short covering
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