Rykin_Capital

Camber Energy Looking to Soar Down. CEI

Short
AMEX:CEI   Camber Energy, Inc.
Camber Energy made a gain of a little over 600% in a little over a month. It was a beautiful impulse, but now it is over and what goes up must come down. The law of physics have their euphemistic place in the markets as well. We can see divergences forming on the oscillators and DI crossed, indicating a change in momentum vectoring. We probably pivoted not too long ago.

We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
Trade closed: target reached:
All three 6thOCT

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