A trade analysis for CFX suggests a potential long position with a focus on flipping a clear level into support, along with a designated stop and long-term target.
Key Trade Details:
Long Position: Considering a long position on CFX. Potential Support Flip: The trade is based on the potential flip of a clear level into support. Stop Level: The stop is set below the prior lows at $0.147, serving as a risk management measure. Long-Term Target: In the context of a longer-term trend, the trade could aim for $0.43 as a potential target.