CMQdon't you just love that triangle forming to the downside....

CMQ

don't you just love that triangle forming to the downside. Now usually, when this happens, it does go lower.

So, a good trader will wait for confirmation before putting money into a trade.

If the price breaks out on good volume, then jump on board and enjoy the big move up, as it tries to fill some gaps.

if the price breaks to the downside, Look at 2.60 for support.

But to be in this stock right now, I call very risky. This stock looks weak and likely to trend lower in the short term and find a bottom. Everything:- indicators, trendline, says going lower.