ProfitablePattern

$CNX buying at support here. Einhorn & Gabelli play

Long
NYSE:CNX   CNX Resources Corporation
$CNX has been pummeled down 40% in two weeks after earnings and we are given a low risk long entry here at trend line support. $CNX has no insider sales in over a year and is owned by many smart investors such as David Einhorn, Ray Dalio, Isreal Englander, Mario Gabelli and Southeastern Asset Management. I suspect we see these investors start to rattle the cage to unlock value at this nat gas and coal powerhouse. I am a buyer under $10.

Disclaimer

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.