#CF - CF INDUSTRIES HOLDINGS - WITH A QUICK LINE STUDY OF CF WE CAN SEE THERE IS A NICE WEDGE FORMING WE ARE AT A STRONG AREA OF RISING SUPPORT AND WITH A GOOD BUY SIGNAL FROM TENKAN / KIJUN SEN CROSS ON THE 4 HR FRAME WILL BE ENTERING LONG LOOKING TO GET ANOTHER TOUCH ON THAT TOP SIDE. COULD BE LOOKING FOR A BREAK HERE AS WE ARE LAGGING BEHIND SECTOR AND MAY BE...
CF looks like to hit the bottom. We have nice chance to go bullish if the market responds properly.
Buy cf around 187 in August was one of my better ideas.
After a decade of failed attempts to break through this EMA 50 line, it can be used as a stop-line. The EMA 200 line joined to EMA 50 and presses up. I hope that so they will break this important resistance.
The MACD signaled a buy in CF today. Coupled with an upside flag, this is a good low risk buy area.