jangseohee

CABOT - Topping pattern

NYSE:COG   CABOT OIL & GAS CORP
25 6 2
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.
i think it will break UP ultimately
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