That is the question we have for $CX at the moment. Even in the bearish count I see a path to 14.32 chart here (link). We have not FOMO; we just want to discern the line where CX will prove is going to 14.32 before a bigger retrace so we can repurchase accordingly.
If we look at this chart (link) 9.51 has been a hard level to take; so this is our first line to watch, in past updates we have mentioned this same level from where was rejected once, so —seriously— there is no need for one more rejection but in case that happens support should be 7.97.
On the micro there is potential for 8.82 and we would say it is a good price for reentries, because we see an important resistance at 10.19. So since there is no need for 7.97 we can enter at 8.80 just have in mind 7.97 could be seen and adjust your positions accordingly.
