A large up channel is plotted on the Weekly timeframe. If we look up closer on the Daily timeframe we can see price is under the middle dotted line. Which is a bearish observation. I expect price to dip to the bottom of the channel and return strongly.
Immediate targets 22.50, 21.89. Invalidation at 30.91. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically...
CSWC in the past 3 months has seen a rise in prices all the way up to $28 and is now due for a correction. Currently buyers seem tired and CSWC is struggling to find new buyers at these current prices. Based on the details outlined in the chart I have reason to believe that CSWC will decline in price in the next few days. I actually look for it to sell below its...