CAN is enjoying a news catalyst from 2/9. This chart has several technical pattern formations including 52-week high, all-time high, cup and handle breakout; and is currently consolidating within an ascending wedge formation. I'm looking for Wednesday, February 17th's pre-market to break above the multi-day upward consolidation trend line and test the 9-day at resistance of 21.5.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.