An idea encompassing an inverted H&S Head and left shoulder are evident, all that is needed is the right shoulder which is in a prime position for completion following a breakout Break out of down channel also in grey.
From a technical point of view, the trend is bullish on 4H chart, so it could be interesting to look for a potential corrective structure that we could use to try to take a long position. At present $CVV has never paid a dividend and there is no new information about that. NASDAQ:CVV Strategy : Wait the corrective structure completed and Long on Wave 4 ...
it has to go $3.50 range then higher hopefully $cvv
Given the wave pattern of CVD since the 2016 low at 6.25, the price may be close to a significant bottom. Looking back on the seasonality of the stock's performance over the last several years, the stock has tended to perform poorly during the first half of the year and out perform in the later half. Given the relatively low risk taken with stops below 6.25 and...