CBRE is a commercial real estate services company. They don't actually own any real estate, just provide various services for property owners. One of my favorite shorts.
9/18/20 $55p (ITM)
12/18/20 $30p (OTM)
Near term: low $30s
Mid Term: $15ish
Re-evaluate if price reverses towards $50 again.
Good luck all!
CBRE is approaching our first resistance at 44.05 (horizontal swing high resistance, 100% Fibonacci extension, 50% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our first support at 41.58 (horizontal pullback support, 38.2% Fiboancci retracement, 100% fibonacci extension).
Stochastic (34,5,3) is also approaching our...
$PGUS Ok peeps.... READ THIS PLEASE - ANYONE EVER HEARD OF CBRE?
KINDUV A BIG DEAL: t.co
CBRE Has appraised the land value at Cielo Mar at $42M AS IS
42M/1.25B = .033 LET THAT SINK IN
This does not even include the huge Chili Pepper Farm Business that it also holds.
CEO Jan Telander owns over 24 million common shares & hasn’t sold a single...
CBRE shows a possible bullish divergence in its daily chart.
Prices moved to a new low but MACD didn't. Once MACD ticks up and completes with a shallower bar this is a buy signal.
There were some false signals before so setting tight stops can help. A new bullish divergence can happen after some false.