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Trading ideas for Cummins Inc. (NYSE)

09.12.2020

Market Review

#CMI

The overall trend is upward. The currency pair is trading in the range of 365 and 135 moving averages.

Stochastic Oscillator signals an oversold condition. A breakout of the resistance level of 222.70 will result in the formation of a 1-2-3 ascending pattern.

Trading recommendations:

Buy when the 1-2-3 pattern is formed above 222.70.

Stop Loss: 216.40.

Target: 235.58.

Author: admin
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