Before breaking out of this structure, there is a high probability of re-testing it's lower levels. Few days of support has this evening been broken, now we are witnessing confirmation. Target in the green box.
I love CDR, but lets be real... sell the tops, buy the dips.
Possible double bottom. Use Stop Loss
Good risk to reward. Let's buy 25% at 100 weekly and 75% at 200 EMA. Total investment 1%.
I'd take a closer look into this company to consider a long position.