Replies to post #292 on Cannabis Bioscience Int'l Hldgs Inc (CBIH)

[jedijazz]

Traders may be leaning on technical stock analysis to help with investing decisions. China Infra Const (CHNC) currently has a 14-day Commodity Channel Index (CCI) of 73.35. Despite the name, CCI can be used on other investment tools such as stocks. The CCI was designed to typically stay within the reading of -100 to +100. Traders may use the indicator to determine stock trends or to identify overbought/oversold conditions. A CCI reading above +100 would imply that the stock is overbought and possibly ready for a correction. On the other hand, a reading of -100 would imply that the stock is oversold and possibly set for a rally.