Chicago Bridge & Iron Company N.V. (NYSE:CBI)
Started by
Costa
, Feb 21 2015 10:56 AM
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#1
Costa
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- Traders-Talk User
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Posted 21 February 2015 - 10:56 AM
Chicago Bridge & Iron Company N.V. (NYSE:CBI) Although the EMAs still show weakness as 50-day EMA is below 200-day EMA positive momentum seems to be back, as the stock is back above 50-day EMA. Plus, the MACD indicator is also back above zero, indicating the stock is back in bull market. Buy point would be on the day it blows through $43.54 on heavy volume.
Costa
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