Text me if you have any questions/comments for me.
-----
CNI
- Previous analysis was done on 16 Sep - Suggested entry at 3.50 levels if believe the stock can create new all-time highs
- The next day, the stock gapped up to create new all-time highs -> no good setup for entry
- Since then, the stock has re-tested the short-term support and today created a nice pin bar
- A successful rebound will be close to 3.60 levels
- R is less than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for successful rebound before plotting entry
-----
CNI
- Previous analysis was done on 16 Sep - Suggested entry at 3.50 levels if believe the stock can create new all-time highs
- The next day, the stock gapped up to create new all-time highs -> no good setup for entry
- Since then, the stock has re-tested the short-term support and today created a nice pin bar
- A successful rebound will be close to 3.60 levels
- R is less than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for successful rebound before plotting entry