andrew.berg

CERN under pressure + relative weakness

Viés de baixa
NASDAQ:CERN   None
Overview
CERN continues to underperform. Overall chart is very weak, below all moving averages. And It feels like stock can accelarate to the downside when futures will find resistance. Today, it dropped down on big volume and closed right on $50 support, which acts like strong psychological level.

Trade- and Risk-management
Break below $50 will add some fule. This could be my netry short with stop above $52.17 and target at $46 - support from weekly chart.

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.