timtrice

CRK - Resistance break

Lång
timtrice Uppdaterad   
NYSE:CRK   Comstock Resources, Inc.
CRK has printed a higher close but volume is lacking. There's a bit of congestion here between $11.50 and $13 but I'm looking for follow-through action off this BO. This admittedly is not a great long candidate but could be a good choice for 25% positioning. Want to see that $11.60 area hold and no more closes below $11.90.
Kommentera:
Not getting any indications this is ready to go but will keep on the sidelines for now. The 7/13 candle is disappointing but shows sellers are still quite engaged here. No reason to rush in at the moment.
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.