still looks like a very objective re-shorting or short add-on level as CMG re-tests the former first target support (now resistance) area. also note how well the 40 week ema (same as the 200 day ema) has acted as support and resistance in the past. CMG is just shy of re-testing that level from below now. consider a stop on a solid move above that ema (on a weekly close for swing traders). updated daily & weekly charts: