MustafaOzak23

Short CNU

Short
ASX:CNU   CHORUS LIMITED
Due to oversees market its still risk on, form a top down analysis for the communication sector is sitting on res as we speak with a bull shooting star follow by a bear hanging man. This is why i'm looking for a short to the downside with CNU, both daily and weekly are showing strength to the upside confirming with 13 and 50 EMA and MACD. This could lead to a counter trade to the area of $5.45, it also showing a massive red candle both on daily and weekly just outside BB as well.

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