CPG is trading the range

Looks like CPG is developing a channel at this time where its current price is at the lower end. Will it be able to go up at 1.30? Based on previous moves, the price retraces once it hit the 20-day SMA line. This has been seen twice. This could happen again so be careful.

Caveat!

2 Responses to CPG is trading the range

  1. […] hit the 20-day SMA line. This has been seen twice. This could happen again so be careful. Caveat! CPG is trading the range Reply With […]

  2. […] was August 29 when we saw CPG is trading the range and is at the lower end. It went up but we thought hitting the upper slope will be enough, instead […]

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