Pair trade: Selling CPI vs Buying INP
Market neutral strategy.
The price action is retracting from the upper range of the Bollinger Bands.
The 200-week sma acted as some major resistance.
The price action might target its 200-day simple moving average.
The first target is about 3.5% from current levels.
The price action is retracting from the upper range of the Bollinger Bands.
The 200-week sma acted as some major resistance.
The price action might target its 200-day simple moving average.
The first target is about 3.5% from current levels.
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