Long
$CUTR #breakout from C&H #pattern on weekly #chart
CCUTR has completed a very nice looking C&H pattern on the weekly chart
After the earnings results it has broken and closed multiple weeks above the resistance line at 32.70
MACD and RSI are somewhat extended , but keep in mind is a weekly chart so there is still some room to run
Measured target is at 53.08
Good luck,
TA
After the earnings results it has broken and closed multiple weeks above the resistance line at 32.70
MACD and RSI are somewhat extended , but keep in mind is a weekly chart so there is still some room to run
Measured target is at 53.08
Good luck,
TA
Trade closed: stop reached
Stop on the breach of the cup necklineTA
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Disclaimer
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.