CTM chart, page-9

From a classical charting perspective, it could be classified as a reversal rectangle.
This would give a measured target of about 0.475
In the case of a long and narrow rectangle (less than 10% of the underlying price)
once can double or even triple that target. This is not the case with CTM.
Looks like CTM has a good chance of a weekly close above the upper boundary,
which would be a good sign. Breakout volume is not fantastic though.

That said, less established companies with small market caps are generally
much more volatile (for better or worse),and unless they have a history of
respecting pattern targets and formations I am wary.
For someone with a fundamental perspective (hopefully some history of success too)
and valuation opinion, a chart would be most useful (if at all) for ideal entry points and
less so for targets IMHO. Some would also see a large bearish pattern breakout
to the downside as a time to step aside temporarily or double-check those calculations.

All IMHO,

Good luck.