CPB tags its 50 day MA - trim and trail. I noticed the
rotation late last week into defensive names and thus CPD was
added. HSY also was strong but preferred CPB
Also when some are touting the Golden Cross, it's normally time
to prune. That cross ended up being the recent top.
Now 200 points lower into some larger support levels.
We nailed that short setup on Friday's bounce.
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CPB Updated View
Posted by steve on 21st of Feb 2023 at 12:19 pm
CPB - Chart Link - nice move
CPB tags its 50 day
Posted by steve on 21st of Feb 2023 at 01:06 pm
CPB tags its 50 day MA - trim and trail. I noticed the rotation late last week into defensive names and thus CPD was added. HSY also was strong but preferred CPB
Closed it, thanks for the
Posted by frtaylor on 21st of Feb 2023 at 01:09 pm
Closed it, thanks for the trade!
Also when some are touting
Posted by steve on 21st of Feb 2023 at 01:08 pm
Also when some are touting the Golden Cross, it's normally time to prune. That cross ended up being the recent top. Now 200 points lower into some larger support levels. We nailed that short setup on Friday's bounce.