Butec
Long

CNX stock pending setup

NYSE:CNX   CNX RESOURCES CORPORATION
I see an opurtunity for loading in CNX since it has obviousl started its pullback. I broke the trendline and it is facing several supports (50 and 200 SMA and two previous highs). Each of them should be considered as long entry point.

Regards

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Comments

I have tightened my stops again to 21 EMA. I will leave it if it manages to climb higher.
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Nice bounce from support line. Setting my stops to breakeven...
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