Which is a technical confirmation of an impulse in the direction preceding the crossing, invalidated by the crossing of the said level once in the opposite direction. Don't worry if that doesn't make any sense to you. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are...
Long CNSP to $4.12 above 3.50 CNSP has reentered a trading range if you look left. Symmetrical triangle formation, in confluence with the 786 fib, and monthly resistance levels. 100% measured move on the possible breakout would put us near $4.20, and just under a historical closing range at $4.32 Possible targets above that would be the 1.618 fib at 4.66, or...
Break out. Yes there is plenty of risk on this one. But looks really good for a small position, with potential for a big reward.