MTEM CCI play

    Posted by matt on 8th of Apr 2021 at 11:20 am

    MTEM - Chart LinkCCI spiked to -300 a few days back and has been diverging, interesting doji candlestick today so far

    MTEM - Chart Link60 min you can see the MACD div forming, or even be long some now with a stop right at that doji low

    these are aggressive oversold rubber band/bounce setups, stops are well defined and you are simply looking for that reversion to mean rubber band snap back to the mean

    here's one of my educational articles on those CCI divergent plays

    https://breakpointtrades.com/education/legacy/?nl_id=3283  

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