CBDS cup and handle developing

22 5
Time period is a little short. I am watching over the next week.
Comment: Trading at 3.88 now. validating the cup and handle I believe. I still think there is meat on the bone here folks. Great space. Much upside. Good Luck.
tenks I will probably wait till 4,15 and go short, stop loss 4,5 , target 2,75. Good lock to you to my friend.
Did you mean that you get in long at 3,58, target 4,05 and stop loss at 3,38, for my point of view R is only 2,35. How do you see here diferently. Thansk for answer.
dschofield matjaz70
@matjaz70, In my 3 month look, I have a partially verified downward facing channel in my cup handle. It just broke out of the channel to the bullish side. I have been long but am thinking about adding to my position here. I think it is a good entry point a 3.50. As far as an exit strategy goes, that has always been my weak spot. I will watch it closely and put stop losses far enough down to catch myself but not inadvertently dump my position (I hope). I am all ears if you have another take on it. Thanks for the post.
dschofield matjaz70
@matjaz70, Also, Check out CVSI. I think it is about to run. Good Luck.
dschofield matjaz70
@matjaz70, Also, in my latest analysis, I see a bullish engulfing candlestick on the CBDS. Good Luck my friend.
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