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Edogawa89

$CIB Short Setup

Short
BanColombia S.A. (NYSE:CIB)  
Edogawa89 Updated   
NYSE:CIB   BanColombia S.A.
Support and Resistance Pivot Points Moving Averages downtrend downside short shortsetup shortsell shortselling trendfollowing sma200
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supportandresistance pivotpoints movingaverage downtrend downside short shortsetup shortsell shortselling trendfollowing sma200
$CIB Broke below its sideway range and closed two days below the sma200 after printing a double top this year. Negative sales and eps growth rates. Let's see if the sma200 act as resistance. $44.02
Comment:
-1.27% to $43.46 5.3x average volume, no news.
Trade closed manually:
$45.60
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