So while on the stock app StockTwitz that trolls people for having ideas. Someone tagged CLSK on the NOK page. Looking at the weekly chart, I noticed Immediately the massive cup and handle. Unfortunately I caught the entry a little bit late but hey, I made an entry at $20.12 right above neckline $18.60. with a Stop Loss at $13.98 for hunters
Now since this being on the weekly chart. This can take several months to hit the desired target.
To calculate Target price take the height of the cup to the lowest point. X2 which is roughly $71.
I cant stress enough. Always set a stop loss. People have the misconception of "What if"... It never works that way.
Trade Safe
- Spoofy