wave3trading

CTL could break below sideways channel

Short
NYSE:CTL   None
CTL had a failed breakout that probably push many bulls to give up on this name. If it breaks below this sideways channel it has been in for a while now, it could go down quite a bit. The only concern is it has run straight down quite fast so far so we will see if there is enough momentum left to push this thing below or will it have to consolidate first.
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