CMC - Why Investors in Commercial Metals CMC Consider Price Action to be a Tell
A tell is a precursor of a stock's next move, and #investors in Commercial Metals (NYSE: CMC) look for these #indicators all the time. the good news is, tells are there for investors to see every day. For example, we have provided this data for CMC in the trading plans and summary table offered below. The tell is described there, for you to review. Our data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports .
Technical Summary
| Term ? | Near | Mid | Long |
|---|---|---|---|
| Bias | |||
| Weak | |||
| Strong | |||
| Strong | |||
| P1 | |||
| 0 | |||
| 0 | |||
| 24.83 | |||
| P2 | |||
| 30.25 | |||
| 30.73 | |||
| 28.10 | |||
| P3 | |||
| 31.22 | |||
| 32.11 | |||
| 31.60 |
Longer Term Trading Plans for CMC
May 23, 2021, 7:30 pm ET
Our Longer Term Plans for CMC help you determine where to buy, sell, short, and set risk controls. Use this in conjunction with our Longer Term Market Analysis to go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis and see how it helps you work with this CMC Report.
CMC - (Long) Support Plan
Buy over 28.10 target 31.60 stop loss @ 28.02
CMC - (Short) Resistance Plan
Short under 31.60, target 28.10, stop loss @ 31.69