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CERT Quick Trade for 10% ROI or a Swing Trade to $17

Written By: ChartChamp

June 20, 2024

CERT is forming a flag pattern, and is still trending down. I think there is a bounce likely to form soon, the support level is around $12.50 for a bounce but can also bounce slightly higher. I would monitor the price action here for a reversal.

Trade idea:

(1) Enter on a bullish bounce, preferably around $12.50 if that opportunity presents itself.

(2) This can be traded in two ways: quick +10% exit by June 28 or hold and make this a longer trade by exiting whenever the price reaches the upper range of the bull pennant around $17.

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