CBL: Great Potential. EW ABC correction near completion with C
near bottom channel. Wait for the 1-2-3 points to develop.
Note
Since the printing of an ATL, it has broken out of the downtrend line, broken out of the iHnS neckline, printed two higher highs, and a higher low. Also a perfect match of the wave 3 target and iHns TargetNote
Short squeeze.....60% in 2 days. NYSE required CBL to maintain stock price above $1 for 30 days....Exeter acquired 11% activist shares. Short float 28%. Outstanding shares 173M. Short volume 44M. Volume in the past 2 days 20M. Expect another 2 days of short covering
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.