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Chartimistic
Nov 27, 2019 2:25 AM

CAE - Ascending Triangle Breakout + Re-test Long

CAE Inc.NYSE

Description

CAE broke out from an Ascending Triangle pattern on November 8th. Since then the price pulled back right to a 50% Fibonacci level where it seems to have found support & is attempting another bullish leg.

I have used the Fibonacci Extension to project three potential price targets at the 50%, 61.8%, & 100% level.
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