CHSB broke the trendline from the 17th April upwards.
But seems to have found support around the .50 re-trace. If that fails, then i suspect we will test the 1.20 zone again. if we fall back to there might be a good place to open a long position if we bounce well of that line.
What I am looking for however is a break out of the current resistance line, we...
CRV appears to have broken out local resistance inside a channel and tested 3.50 as support
I have opened a trade around $3.58.
I expect we'll test the top of the channel, I'll take some profit there.
If we break out the top of the channel we will likely head to about $6 zone where what appears to be the next major resistance.
After last nights drop we bounced off .5 retracement, with quite big volumn seems to be some good support there
Potential for cup and handle here, which i've noticed CHSB seems to love
If Trendline from 17th April is broken, i suspect we'll head down to re-test the support at 1.20 which is the top of what looks like a large accumulation from march until mid...