ARKG has been buying CDXS on this current falling wedge. I am sure they did their DD.
There is a pattern of CDXS dipping before breaking above the poll high. Using symmetrical patterns from prior price action patterns, the play can form a Cup & Handle pattern to the resistance.
Entries: $16.44 , $15.77, $14.95 2-3 months swing PT: $22 then All TIme High