CVI - Down Channel BreakCVI has encountered a resistance at this down channel top
But I think it will break
Following an uptrend line it will stick to it.
Breakout possible.
CVI
GOVI CVI price prediction in the process of playing out#GOVI CVI price prediction in the process of playing out and looking to establish support at the 1.70 range with a possible retest of 1.30 before level 2
Long | CVINYSE:CVI
Possible Scenario: LONG
Evidence: Price Action
This is my idea and could be wrong 100%,
CALLS for 21 May Strike 25$
CVI Bullish Trend is coming ? Buy @22.65Bullish Divergence on RSI, Higher volume than average, waiting for breakout confirmation (If there's a breakout!)
GSM Inverted H&SEarly Inverted H&S can be seen forming, a left shoulder and a head can be observed. This theory is supported by both rising CVI and volume RSI. Risky trade.
Short CVR Energy now!Let's face it, this company is terrible.
Mediocre balance sheet, overvalued, has increased debt, bad earnings, everything is terrible.
It's at least double the price it should be.
So, I decided to short at 42.30 and I'm aiming for the other side of the channel.
CVI - Bullish Swing TradeThis is a bullish swing trade I am considering entering tomorrow. I am going to watch the markets closely to see how they open tomorrow as well as the oil market. I liked the crude inventories number that came out this afternoon which I believe could help boost oil prices as well as oil stocks in the near term. It looks to me like the price is at a decent support level and I really like today's candle.
CVI - Cup and Handle PatternLooks to me like a Cup and Handle pattern is forming.
Will keep a close I on CVI for a breakout above the cups high.
CVI flag, watching for the breakoutCVI is consolidating in a flag pattern right now, if we get a nice run on this it can breakout above the $17 resistance area.
