I think ST support will be a kiss of the .38/ .385 level (perhaps with an overshoot knowing how CNB trades) and that will be the extent of the high shoulder we'll see for the head and shoulders formation. This level is where a few key EMAs meet.
ST target based off that would be ~60c, where it would have a crack at breaking the new highs again.
I think ST support will be a kiss of the .38/ .385 level...
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52.0¢ |
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Mkt cap ! $89.40M | |||
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