CLC has hit the projected target price of the recent breakout from its 4-month downtrend line.
It's also now potentially forming a Double-Bottom pattern with a projected target price of around 9.7 on breakout.
*Immediate resistance at 9.
Trading Plan
- If holding a position from recent dips accumulation, take profit or scale down position. Profit run the rest with a tight trailing-stop. See previous post for the suggested dips accumulation near support:
https://psetrends.blogspot.com/2018/01/clc-price-action-analysis.html
- Buy the breakout from Double-Bottom on good volume.
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