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CALM forming 4 months #Ascending #Traingle

Long
Cal-Maine Foods, Inc. (NASDAQ:CALM)  
TaPlot  
NASDAQ:CALM   Cal-Maine Foods, Inc.
Chart Patterns Triangle asendingtriangle Chart patterns chartanalysis Stocks
3
0
chartpattern triangle asendingtriangle chartpatterns chartanalysis stocks
CALM is forming a 4 months ascending triangle. Multiple tests of resistance line have taken place. A breakout from this consolidation will lift the price off the 200 moving average and set the tune for the next leg up. There is a considerable resistance around $51 and if cleared, price should reach chart pattern price target identified on the chart.
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