S5_Trading_Desk

CI- Break out from 5 months downward trend

Largo
NYSE:CI   The Cigna Group
since 10th May peak, the stock was on bearish trend. As of 6th October is breakout the slope, went back for 1 day but break out again, confirming a trend reversal.
MA50 line is tested and rejected several time in the past 2 weeks but following fibo levels, I believe we look at a climb to 215-220 range before earnings on 4th Nov.

Earnings will define the story onwards
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.