This swing idea is based on the bullish divergencies of indicators on the chart on multiple time frames (1h,4h,1D) ,CCI signal, current position of the stock price -bottom of the trending channel and the price action for the past couple of days.
Current price of CIDM is $1.39
ENTRY : $1.36
STOP : $1.30
EXIT : $1.51
R/R : 1 to 2.5
Entertainment purpose only, not fanatical advice .
Current price of CIDM is $1.39
ENTRY : $1.36
STOP : $1.30
EXIT : $1.51
R/R : 1 to 2.5
Entertainment purpose only, not fanatical advice .
Comment:
CIDM moved down to $1.37 ($0.01 short of my entry level) then move up to $1.42 and closed the day at $1.39