CBKG

cbkg_0222
2017.02.22

Approching downward, towards Fibo 50-38.2 zone.

Increasing trendline broken, 2016 NOV top and Fibo 61.8 to be broken soon.

Entering zone = 7.2x-7.3x

Stop zone = 7.5x-7.6x and/or increasing trendline

Primary target = 2016 AUG/SEP top = 6.6x-6.5x

Secondary target = Fibo 38.2 zone = 6.3x-6.4x

Benefit/Risk = 0.6/0.3 = 2

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