TradingView
crashman111
Oct 9, 2017 2:39 AM

$CLQ.AX BO of cup and handle pattern. channel support BO also Long

Description

CLQ BO of cup and handle pattern with a measured target of $1.80. (see red arrows)

2 channels were formed to this point...
The price used the brown resistance line as support when it broke out of that channel.
The blue up-trending channel has also been broken out of today with very solid volume so far.
The upper blue channel line should now act as support.

Note: My daily charts are not updating but the 6hour chart seems to be working. (same same :/)
More