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Hello Traders!
After a dissatisfying recovery from the crash in March, the price of CEO seems to have lost all upward momentum. The triangle pattern is soon going to end though, which could lead to some fresh air and fresh momentum. Recently the 50 SMA has crossed over the 100 SMA , which would be a bullish signal, but both the 100 and the 200 SMA are still moving downwards. The MACD looks very slightly pessimistic and the RSI is indecisive but is far enough away from both oversold and overbought that it wouldn't oppose a strong move up or down. Let's collectively keep an eye on this stock in the next few days!
VF Investment cannot be held responsible for any financial damages suffered from following our well-funded but personal opinions and trading ideas.
Please, maintain proper position sizing and risk management!
After a dissatisfying recovery from the crash in March, the price of CEO seems to have lost all upward momentum. The triangle pattern is soon going to end though, which could lead to some fresh air and fresh momentum. Recently the 50 SMA has crossed over the 100 SMA , which would be a bullish signal, but both the 100 and the 200 SMA are still moving downwards. The MACD looks very slightly pessimistic and the RSI is indecisive but is far enough away from both oversold and overbought that it wouldn't oppose a strong move up or down. Let's collectively keep an eye on this stock in the next few days!
VF Investment cannot be held responsible for any financial damages suffered from following our well-funded but personal opinions and trading ideas.
Please, maintain proper position sizing and risk management!
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