CEIX Continue bullish reversal, and play the channel?
CEIX, opportunity for long entry to continue the bullish reversal and potential breakout past $7.61 resistance, or if dips to $5.85 and bounces off as support, then opportunity to trade the channel for up to 25%+ pop.Found this from the screener as I was fishing out low P/E companies ;)
Note
Considering long swing entry $6.50 or lower, 15% conservative pop to top of channel. Break below $6 will change this to bearish trend. (Hope I figured out how to post an updated chart).......
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.