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dspwright
Apr 13, 2018 2:20 PM

This set up looks a lot like a Cup and Handle Long

Ceragon Networks Ltd.NASDAQ

Description

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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