CG POWER - A stock for your Watchlist

Here is another stock for your watch list, this is CG power which has been consolidating for nearly 3 months in a typical Wyckoffian accumulation zone. Now it looks ready to move out of the zone and move up further. As you can see the buy waves are getting stronger and the relative strength and the money flow are all positive. However, we need to see more volumes coming in to fuel the up move and this has to cross above the important pivot of 685, then we could see at least another 20% up move.