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  • AvatarScott Pearcy
    Participant
    Post count: 298

    Sean…I have a position in CPB that is profitable (~15%) and it looks like the the 200-day chart shows it is in Wave 3…..Or maybe Wave 1…..?

    Sean HymanSean Hyman
    Keymaster
    Post count: 3306

    The weekly chart paints a better picture. It’s getting far from its 200-week moving average and is approaching sizable upside resistance soon. So if you’re profitable on it, you might consider closing it out and taking that 15% gain.

    • This reply was modified 3 weeks, 3 days ago by Sean HymanSean Hyman.
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    AvatarScott Pearcy
    Participant
    Post count: 298

    Sold all my shares for 15.54% gains……thanks for the analysis….It was getting a little stretched from the moving averages….

    Sean HymanSean Hyman
    Keymaster
    Post count: 3306

    Congrats. Now you’ll have more cash for future positions or averaging down on current positions.

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