CMG is trending higher for a while now. Target of bulls achieved around the current range of $700-$720. I can't exactly tell when it will drop but this is the area we should be looking for a short opportunity, imho. Looking for a low target of $510-$490.
Comment:
$50 drop
Comment:
nice dip to $660, expecting more downside moves
Comment:
$641. Still has more room to drop