CAB 2.67% $2.19 cabcharge australia limited

Good time to sell. RSI divergence with price and poor volume on...

  1. 39 Posts.
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    Good time to sell. RSI divergence with price and poor volume on last run up.

    I am short at 2.48 and a long term seller of CAB since Uber entered the market. Selling the rallies on this has been very profitable.

    Don't like to see a companies demise, but Uber as a service is miles ahead and CAB just can't keep up. Fundamentally overpriced and no end in sight to the earning slide.
 
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Currently unlisted public company.

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