dspwright
Long

This set up looks a lot like a Cup and Handle

NASDAQ:CRNT   CERAGON NETWORKS LTD
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Typically a cup and handle chart happens after a quick run up, with people taking profits and others assessing the stocks future capabilities to deliver additional returns. Ceragon has solid earnings , if the stock can gain momentum after the handle forms the potential exists for above average returns.
Comment: Well, this looks like a fail. Will have to see what happens with earnings in a couple of weeks.
Comment: Well, hopefully, patience has been rewarded.
Comment: Hopefully we have some good volume with this momentum.
Comment: Looks like a tweezer top, may be time to take some profits.
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