How To Swing Trade CMG

Monthly Chart

how to trade CMG

 

Metrics As of Close 24 April 2017

 

The Trader Says:

This is a followup post to our first post about CMG here (the stock closed at $402.64 on the day that post was published).  At that time price was testing a major TAOST Lo to Hi Magnet Zone.  Price has since cleared that Lo to Hi TMZ.  The Hi to Lo TMZ reflected by the red rectangle is a good area to place targets.

Either way, the stock looks good to the long side now.