CMED is trading since beginning of 2017 in Tradingbox 10,3 - 13,25. Two days ago, cmed broke through the BoxX´s bottom edge - a temporaily selloff followed.
Yesterday CMED retested this BO-niveau but it was sold again immediatly.
For a Long Setup, CMED has to recapture the box`s bottom edge. Trading above 10,35 ould break the shortterm downtrend and open the TP @ 11,6-1,75. Trading above that leel means aiming the BOX upper edge.
The RSI made a weak buying Signal.
Yesterday CMED retested this BO-niveau but it was sold again immediatly.
For a Long Setup, CMED has to recapture the box`s bottom edge. Trading above 10,35 ould break the shortterm downtrend and open the TP @ 11,6-1,75. Trading above that leel means aiming the BOX upper edge.
The RSI made a weak buying Signal.
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Welcome back! recaptured the support
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we made a new "3" - a classical bull trap / ross hook
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bearish and dangerous!
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breakout through the former "2"
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Perfect!
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Wow
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like Magic
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thats really great...is this a bottom? Prices > 9$ are bullish