Confirmed Ascending triangle for CFP.CA on the Canadian Market.
Possible Entry area = 32$
Stop loss Area = 29.20$
Target 1 = 33.63$
Target 2 = 34.45$
Target 3 = 35.58$
Target 4 = 39.05$
Stay humble, Have fun, make money!
Long-term uptrend.
Generally, quick turnarounds following the pullbacks.
Decent reward to risk, although expected percentage gain is not that high.
Have had a quite a few trades in these timber stocks over the last couple years.
Trade triggered on Friday. If not in, need to wait for a pullback to the entry area (only if it happens in next day or two)....
