tengis0621

Cup and handle or Double Top

NASDAQ:CEMI   Chembio Diagnostics, Inc
2 possible outcomes.

1. Cup and handle forms, to the moon.
2. Couldn't break the resistance and support don't held up and break below.


I think scenario 1 is the most likely case, since we have been consolidating 5-6$ range, long enough to build a strong support, and all indicators showing positive sign.

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