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CBI - Pennant/Flag formation short trade from $31.93 to $28.43
CBI seems forming a downward pennant or flag formation. Both suggestion a decline. If it breaks below $31.91, it can go all the way down to $28.50 area.
Trade Criteria
Entry Target Criteria- Break of $31.93
Exit Target Criteria- $28.43
Stop Loss Criteria- $33.03
Trade Status: Pending
(Note: Trade update is delayed here.)
Trade Criteria
Entry Target Criteria- Break of $31.93
Exit Target Criteria- $28.43
Stop Loss Criteria- $33.03
Trade Status: Pending
(Note: Trade update is delayed here.)
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