Cineworld Regal Theaters (CINE.L) (CNNWF) double bottom Reversal
Cineworld has been selling down for some time and is now retesting the top of the previous cup and handle. A double bottom reverse has been detected. We see a rise in price over the next 90 days as theater chain and overall economic outlook improves.
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Cineworld Group is a British cinema company based in London, England. It is the world's second-largest cinema chain, with 9,518 screens across 790 sites in 10 countries: Bulgaria, Czech Republic, Hungary, Ireland, Israel, Poland, Romania, Slovakia, United Kingdom and the United States
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Cineworld Group is a British cinema company based in London, England. It is the world's second-largest cinema chain, with 9,518 screens across 790 sites in 10 countries: Bulgaria, Czech Republic, Hungary, Ireland, Israel, Poland, Romania, Slovakia, United Kingdom and the United States
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