Look at all that profit taking! It came right at a descending wedge triangle. What I like about it is that it sold off right near it’s high. Don’t buy on the dip, buy on the rebound. That means grab some cheap shares above the line.
Buy range: 25.90 – 26.xx
Then set the stop-loss just below the line.
If you enjoy the content at iBankCoin, please follow us on Twitter
3 posts in one day? welcome back 🙂
Gio
What is your take on CGA
Thanks
Gio
You posted this CAGC chart on your HITK post.
I think you were eyeing FUQI as a short at one time, but I can’t recall how long ago that was. . .
Wonder who caught that -37% drop yesterday? Not me, rats.