CABA stock was traded on a heavy volume few days ago and is continue to consolidate at $1.80 level forming flag pattern
any breakout of the flag pattern on a decent volume could lead to a new stock target price of $2.30. Great set up for swing opportunity NASDAQ:CABA
This stock was down about 9% intraday today (hit 8.84) and was scooped up FAST in the first 5 minutes of the final hour on a Friday. That is VERY bullish price action.. also occurred just above the neckline.. Watch for a BIG move higher.
The market gives us clues.
In my opinion, there are very few clues better than an intraday drop that was scooped up entirely...