Trading Expectations (CEI) For The Upcoming Trading Day Of Monday 13th
For the upcoming trading day on Monday, 13th we expect Camber Energy, Inc. to open at $1.54, and during the day (based on 14 day Average True Range), to move between $1.37 and $1.63, which gives a possible trading interval of +/-$0.130 (+/-8.70%) up or down from last closing price. If Camber Energy, Inc. takes out the full calculated possible swing range there will be an estimated 17.40% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ $1.78, some $0.280 (18.67%) from the current price of $1.50, our system finds the risk reward not very attractive.
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