CYH tested 14.71 three times in recent weeks and yesterday's candle tested several fibonacci levels. The MACD is curling up and is ready to cross. The RSI is still on the cool side. Looking for a move with volume over the .61 fibonacci level to confirm the break out. Short term target: 17.04 then 18.46
CYH has been making a series of HH and HL since breaking out of a 5 dollar resistance. After making a high of 13.7, price has make a sharp correction and if the analysis is correct, hidden bullish divergence will be in play soon potentially @nmike , i could be wrong. will follow up with this in 2-3 weeks time. This post is solely for educational purpose.
Primary Target (short term): Bullish Pennant, confirmed (49%) PT = 17.62$ Secondary Target (Long term): Bullish Flag, confirmed (77%) PT = 17.94$
Buy Signal at the open: $12.49 Target $14.50 SL $11.50 Setup Time Frame hourly Pullback on Daily
Ascending Triangle, awaiting confirmation (59%) Pros: Descending volume during formation Volume at break out PPS above 50MA and 200MA RS above 0 and ascending R/R ratio above 9 ATR ascending 250RSI above 50 Target: PT = 17.53$ Help how ever you can to keep this alive. Thank you to those who have donated Coins! Always do you own Due dilligence. This is not...
This is a good looking chart: 1. Trend line was tested and held 6x 2. 3 prior candles showed strength, made higher lows with long wicks to close much higher 3. Price closed above resistance (white line) 4. Price tested the .382 fibonacci level and closed right under it (new resistance) 5. 9EMA is x 50 SMA 6. MACD crossing 7. Relatively close to POC...
CYH is still consolidating. I have not entered yet but think I will tomorrow. Smallish stop loss under support, not much to lose. Could see a big breakout.
Nice volume and ready to break out from this level. I'm still learning, Please feel free to drop any suggestions or corrections on my charts. Thanks!
NYSE:CYH Possible Scenario: LONG Evidence: Price Action This is my idea and could be wrong 100%
Price may restest dynamic resistance line.
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LONG Swing Opportunity - We are seeing a Pull Back on CYH this is a Ticker that will likely to perform Regardless of the election Not Oil! Not Banking, Not Covid Tech, Not lock down stocks, Not Green Tech Trump win CYH effected positive Biden win CYH effected even more positive Key level to watch 7.18 critical support level must hold 7 DOLLARS
nice entries under 8, remember to use a tight stop loss. first target for me target is 12.5 , goodluck <3
This is a Bullish indicator signaling CYH's price could rise from here. Traders may explore going long the stock or buying call options. Tickeron A.I. dvisor identified 41 similar cases where CYH's MACD histogram became positive, and 36 of them led to successful outcomes. Odds of Success: 88%. Current price $4.76 crossed the support line at $4.66 and is trading...