wolfstreetswinger

cvgi wedge setup

Long
wolfstreetswinger Updated   
NASDAQ:CVGI   Commercial Vehicle Group, Inc.
Nice little setup on cvgi with small wedge pattern after recent breakout of high and tight flag. Good momentum recently with big earnings beat. Volume is easing off a bit with three consecutive down days and hammer tagging the 10dma. Will look to enter if price goes though yeterdays high +10cent. Targeting recent highs possible 5-10%.
Comment:
not quite ready would of hoped for less volume on yesterdays 4th down day will remain on watch next week
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