RTrader20

Large Ascending Triangle

Long
COINBASE:CGLDUSD   CGLD/USD
CGLD / CELO consolidating into a large ascending triangle . Finding support at the confluence of the 21/50 days and trend line support. Volume has been drying up until today on this up move.

1.618% Fib extension is to $25, which seems crazy but a handful of names have been ripping like this. With a market cap of $2.2bn, doesn't seem unreasonable from a size perspective