Rohanalal
Long

CIG: A Momentum Stock?

NYSE:CIG   COMPANHIA ENERGETICA DE MINAS
11 0 2
Chart Details: CIG has been moving nicely for the past few weeks. With MACD starting to level out, our opportunity to buy in might be arriving. With the Oscillators moving into normal ranges we may see another upward push by CIG. Keep an eye on this one!

*Disclaimer* Present buy may not be a bad Risk/Reward. It has been showing a solid upward trend; however, Key Statistics do show a weighted alpha of -36.

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