matjaz70
Long

CNX, stop buy afther long time

NYSE:CNX   CNX RESOURCES CORPORATION
76 views
8
Big pictrue of fundamental analysis and technical analysis . market is still in a strong up movement which scary me. Stock hase helthy P/E and p/B is exelent. sales advencing after 2016 debacle. there were a long downtrend channel which was recently violited. At the moment price lay on previous resistance level and on newly support level .
Write sometning about your psyhology thinking before trade? from analysis the trade looks ok, but I am still a little afraid of failing
Describe the trade. What you see? the price will stay in a newly channel and advance to the resistance level of the new channel
Write why you want to enter the trade in this point? double support level and some indicater suggests entering the trade in stop by to avoid if price will decline into unwanted teritory

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