Possibilities, page-13

Chart looking good. If this is indeed a legit break of the upward resistance line gives CVT a round abouts measured target of approx. +39.5 pips from the point of breakout nice little up surge in volume has been encouraging during the last few days.

It was met with selling today though, could be potentially T+3 rolling out and taking profits.

20 day EMA acting as a dynamic resistance level it seems since late April. However there is positive divergence in some of the momentum indicators along with the upturn in money flow.

Have to agree with @Jako64 though, from a longer term perspective a good outcome would be some whipsaw action preferably within the 61.8-50 fib zones (from Jan swing high) to create a base and a then a move up from there.