CABOT's topping pattern started in March 2014 and ended in mid-Sept 2014.
After fulfilling the gap filled and touching channel bottom, price made its way to break through the Arc neckline of 32 but failed.
With 5 days into earning report, i would not be surprised to see another gap up to reach the channel top of around
34 dollar where i am ready to short.
After fulfilling the gap filled and touching channel bottom, price made its way to break through the Arc neckline of 32 but failed.
With 5 days into earning report, i would not be surprised to see another gap up to reach the channel top of around
34 dollar where i am ready to short.