The last significant bottom of $2.50 was the lowest CMM has...

The last significant bottom of $2.50 was the lowest CMM has traded since 01/11/21.
It occurred on a quad witching day 16/9/22. The volume was huge. The opportunity was huge.
This Friday is also a quad witching day. Will they take it down again and offer another solid entry / addition point?
These are previous quad witching (options expiry) dates and how we traded on those days.



Should we fall out of the current pennant Friday closing below $4.025, the major pennant support line should sit around $3.31 - $3.33.
Below that lies the top pennant line from last years pennant at - would you believe - $2.50.
If $2.50 breaks we are probably in the cross hairs of a hostile takeover.
Helmets on, trucks in reverse, hold your nose etc.
Bearish and bullish all at once.
I still rate our chances of breaking below the current pennant under 50%