Browse Stacks: Patterns: Triangles: slopechart_CBRE.jpg

slopechart_CBRE.jpg

I've been watching CBRE all year (and I know Tim has as well) as a good commercial real estate play and today the triangle finally broke to the downside. Disregard the green rectangle, that's a virtual position from testing.

Image added via SlopeCharts
slopechart_CBRE.jpg

Comments

GANGAN
I am not sure what charting platform you are using, but on TOS I don't see a break of the uptrend using the 3/20 and 5/14 daily candle lows. 9/23/20
MattMatt
I'm using SlopeCharts. The break will need some follow through as it was pretty close today, but I think there are plenty of macro reasons to short this one as well which is why I posted it. 9/23/20
MattMatt
I'm using SlopeCharts 9/23/20
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