CLSK cup and handle - long

Updated
I'm a newbie to investing so please don't take this as financial advice - just an idea.

Seems a nice cup and handle is forming on the 2 hour chart for CLSK. I'm expecting a drop down to the mid to low 12s before trending upward. I already have a position is CLSK but will add if it drops to 12.50 or lower with a stop loss of around 11.50. Price target to sell in the 16s.
Trade closed manually
Idea is no longer valid now that Trump was diagnosed with covid causing uncertainty in the market. Got out at 11.75, will get back in when it bottoms out.
Note
Market held up well to president's diagnosis, got back in at 11.45 and still expecting the upward trend.
Chart PatternsCLSKTrend Analysis

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