CMG has enjoyed a massive bounce from the lows and has been coiling tightly into the bearish wedge. It has now also backtested the broken uptrendline and here is a good spot for a short. I expect CMG to break lower next week and perhaps to even test the March lows.
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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.