Bulls taking back to lead on CPG

Yesterday CPG fell by 1.4% but today it took back what was lost. With Kijun Sen line still moving horizontally at 1.49 per share, there is a great possibility that price will be attracted by this line and move up. The 1.40 or 61.8% Fibonacci Retracement level is again our newly found support while next to that is 1.35

The stock has room to move up while it is still not overbought. RSI or Relative Strength Index at 42

Caveat!

One Response to Bulls taking back to lead on CPG

  1. Felix T. Gomez Jr. says:

    cpg continue to create higher low. 1.40 is holding

Leave a Reply