If you ask me (noone is), CNX has 24 point runs before consolidating/digesting that run. From 34-58, 50-74, and now 54 to ?? 78 perhaps.
I’m thinking its current run has 2 points left.
Maybe it does, maybe it doesn’t but if you are gonna buy over 77.23, you better have a tight stop. It just may only have 77 cents left in it. Or maybe it gets to par. Its had some move.
If you ask me (noone is), CNX has 24 point runs before consolidating/digesting that run. From 34-58, 50-74, and now 54 to ?? 78 perhaps.
I’m thinking its current run has 2 points left.
Maybe it does, maybe it doesn’t but if you are gonna buy over 77.23, you better have a tight stop. It just may only have 77 cents left in it. Or maybe it gets to par. Its had some move.