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WeBelieveInTrading
Nov 30, 2023 8:28 PM

CNK (Cinemark Holdings ) Buy TF M30 TP = 15.14 Long

Cinemark Holdings, Inc.NYSE

Description

On the M30 chart the trend started on Nov. 24 (linear regression channel).

There is a high probability of profit taking. Possible take profit level is 15.14

But we should not forget about SL = 13.78

Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!

Good luck!
Regards, WeBelieveInTrading

Trade closed: target reached

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