It is looking a lot like a head and shoulders set up to me, this pattern can quite often indicate a reversal of the previous trend. These indicators though, cannot be taken as guaranteed 100% accurate predictors. But it is definitely looking a lot like the head and shoulders.
However if this is the case perhaps the pattern is predicting some positive news flow, which would be just great.
Mind you, then we have the naysayers who will most likely disappear if CLQ stages a recovery, could be a win win.
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It is looking a lot like a head and shoulders set up to me, this...
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