CM - Short/Put Play Short

Canadian Imperial Bank of CommerceNYSE

Description

⋅ May 19, 2021 8:40 PM

CM is at an all-time high.
A good PUT entry position would be close to $115
BlueWave is giving Red Dot sell signals + A Bearish Divergence
Stochastic RSI is OverBought
78% Fib Level acting as a potential Resistance level