Nice divergence to upside on CNX bought some

CNX Resources Corporation (NYSE:CNX)

Updated

NYSE:CNX CNX Resources Corporation

trendline doubletoporbottom oscillator macdivergence macddivergence

CNX has this third bottom in place but MACD has diverged up, and prices moving up form the bottom. Options are few and far between as is common with lower priced stocks. Bought the stock 500 @ $7.14. Gonna see how this pans out, MACD says price should be at $7.42 or so. If we get close to $7.40 we'll sell.

Comment:

So far so good it's moving up nicely

Comment:

been traveling we let this one run as divergence is still up although we've lost ground on price

Comment:

well its creeping up very very slowlythe MACD divergence period that was the original entry really expired at high of 7.58 on July 1st, 6% in 4 trading days is pretty good for a stock trade. Traded out half at $7.50 the rest are still going

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