Brian ShannonPublished 2026-09-08
“Brian Shannon Trader TV Live 9/8/26”
$CORZBearish
CORZ is too volatile for holding; rallies often reverse quickly, so it is only suitable for short-term (2-5 day) trades requiring immediate profit-taking.
One of the stocks that rose the most in percentage terms today, but clearly has a very different daily chart, is Corus. It is 13% higher today. In this case, it is above the 200-day moving average, which is usually a good sign.
You still have the declining 50-day average, as you say, and I always find that when I look at it and it seems like there is still a short-term downward trend, it doesn't look very good .
But if I try hard enough , I see that these lower peaks of the past few months are under pressure . So, is there an outbreak at Corus here? This is a name that is talked about a lot because he can be explosive when he wants to go.