Eliarich

CF Industries sideways action

Long
Eliarich Updated   
NYSE:CF   CF Industries Holdings, Inc.
The stock reached buying level at 35.80$, touched the 200 EMA, the trend line and a bullish divergence was in place. Currently at 39.08$ the ultimate target is 44.50$, with a hurdle at 40$ level. a close below the 200 EMA which seems to be tracking the last price swing well, will invalidate the scenario.
Comment:
Good Bounce from the 40$ level. looks like 44.50$ is with in reach
Trade closed: target reached

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