CAB cabcharge australia limited
Add to My Watchlist 2.67% ! $2.19

Good time to sell. RSI divergence with price and poor volume on...

  1. ryan4321
    683 Posts.
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    05/07/18
    10:22
    Post #: 34153713
    Good time to sell. RSI divergence with price and poor volume on last run up.

    I am short at 2.48 and a long term seller of CAB since Uber entered the market. Selling the rallies on this has been very profitable.

    Don't like to see a companies demise, but Uber as a service is miles ahead and CAB just can't keep up. Fundamentally overpriced and no end in sight to the earning slide.
    CAB Price at posting: $2.49 Sentiment: Sell Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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