CMCM is showing bullish price action
CMCM is break out from the multiple bottom consolidation area and is now target 2.38$, 2.54$ and 2.87$. Any pull back towards the break out level at around 2.15$ is buying opportunity. The move is backed up by positive earning for the past two quarters, it is always convenient to long stocks that are bullish technically and fundamentally. I would place my stop at 1.79$.Hit the like button please if you find this useful :)
This is only my own view and not a financial advice, do your own analysis before buying or selling
Happy Trading!
Note
The first target is achievedTrade closed: stop reached
Note
Stopped with only 0.01$ and stock ran to 5$
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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.
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.