Hey folks, happy Tuesday!
CLH has been forming the cup and handle pattern for the past couple of weeks and we are current at the formation of the handle. This is a really good time to set up a long position with a tight stop loss right below the 21 EMA. We also see decreasing volume meaning low supply and that will drive the price to the breakout level!
CLH has been forming the cup and handle pattern for the past couple of weeks and we are current at the formation of the handle. This is a really good time to set up a long position with a tight stop loss right below the 21 EMA. We also see decreasing volume meaning low supply and that will drive the price to the breakout level!