Filed Under:
Tickers in this Article:
CKFR experienced a large gap in price on January 25, and now many technical traders are curious to see if the bears are going to try and fill this gap. As you can see from the chart below, the area at the top of a gap generally acts as a strong level of support, which we'd expect to be the case again when the bears try to push the price lower.

We've also added the MACD, which has recently crossed below its trigger line. This event suggests that it is not unlikely to see a move toward the support near $49.50 within the next few days.


comments powered by Disqus
Trading Center