How Does CPE Play Out?

Good Morning~

From my previous post, we can see CPE has broken out of the wedge, then quickly retreated to back-test the break-out and now we march onwards and upwards.

I've outlined my take on 1 possible way CPE will play out over the next few months. With immense volatility comes immense profit if you're on the right side at the right time and that is what we're here for!

The blue support trendline as always a great place to enter for a trade or add to a long. Set your limit orders, be Patient and let the price action come to you. I can't stress this enough. Think of it as being a hunter in the woods where you're setting your trap and waiting for their prey to come to them.

Happy hunting!


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