CIG is flagging and attempting to break out
CIG is flagging and showing bullish signs ahead of earnings, any miss in earnings on Monday could send the stock back to around 2.1$ which will be a good opportunity to buy IMO otherwise a breakout of the flag on Monday after earnings is buy signal. Anticipated price action and targets are shown on the chart, stop loss at 2.0$.Hit the like button please if you find this useful :)
This is only my own view and not a financial advice, do your own analysis before buying or selling
Happy Trading!
Trade closed: target reached
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