Cmg...

Riz

Experienced member
1,266 5
Volume increasing for the last few days...price ticking up...RSI and stochastics sharply up...I wonder if this could be the start of CMG recovery...

Riz
 

Attachments

  • cmg.gif
    cmg.gif
    26.7 KB · Views: 303

titus-uk

1
291 5
Bottom picking.....

Riz, you might well be right. But its a little bit of pick the tech - they are all at such lows, CMG being no exception. I agree that there is evidence of some accumulation - pvol, nvol and OBV. It is also very oversold on all oscillators. But until there is evidence of a trend, I do not feel brave enough.

Good luck if you do mate,
Mark
 
 
AdBlock Detected

We get it, advertisements are annoying!

But it's thanks to our sponsors that access to Trade2Win remains free for all. By viewing our ads you help us pay our bills, so please support the site and disable your AdBlocker.

I've Disabled AdBlock