CI has recently begun to trend very well - especially since clearing the $100 zone. There were a couple of retests of the figure then, in early February, the daily 50ma held as support. Since then the trend has been linear.
As the trend is only just beginning to smooth out it is early to enter a long-term position at the moment. But as the overall trend has been bullish for some time it is perfectly adequate provided you have a sensible stop in place.
As the trend is only just beginning to smooth out it is early to enter a long-term position at the moment. But as the overall trend has been bullish for some time it is perfectly adequate provided you have a sensible stop in place.