$CFX
– MASSIVE SURGE, BUT WICK REJECTION AT 0.2195
+12% MOVE FROM LOWS
PRICE STALLING NEAR RESISTANCE
$CFX exploded from 0.1823 to 0.2195 in a vertical rally, but the rejection wick at the top shows clear profit-taking. Price is now pulling back from the high, and a failure to reclaim 0.219 could signal short-term weakness.
Short Entry: 0.2150
Target: 0.1985
Stop Loss: 0.2220
Watch for weakness below 0.213 to confirm a reversal setup.
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