If Cummins could bomb away the resistance @ 120$ (Action Point No. 1) , the way up to Action Point No 2 @ 124 $ is opened.
Above 124$ a strong buy-Signal would be initiated, the maintrend since 03/2014 would be overcomed.
Will Action Point no 1 not be bought directly, a dip to the former low @ 106$ should be exspected. Prices below 104$ are bearish.
Thats just my view, please trade your own view :-)
Above 124$ a strong buy-Signal would be initiated, the maintrend since 03/2014 would be overcomed.
Will Action Point no 1 not be bought directly, a dip to the former low @ 106$ should be exspected. Prices below 104$ are bearish.
Thats just my view, please trade your own view :-)
Note
from Action point no 1 to no 2 :-9 now it`s getting interesting Note
Note
Note
Trade closed: stop reached
thread closed because of new view: 
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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.