Long
$CUB 1 Month #AscendingTriangle #ChartPattern

$NYSE:CUB put in a powerful gap through the 200 MA and has been digesting that gap and run for the last 4 week. The stock closed right below $61 level that has been acting as resistance. A clear close above that level should trigger the next leg higher to $70 and $75 price targets. Volume pattern a bit weak and the stock need to see big buyers come in to get it to these levels. That said, its a nice looking setup to watch for next week.
✔ Momentum & Breakout Trader Since 2006 | Influenced by Mark Minervini VCP Trading Style & William O'Neil CANSLIM 📈
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✔ Follow me on Twitter @taplot - twitter.com/TaPlot
✔ YouTube channel youtube.com/@taplot
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✔ Momentum & Breakout Trader Since 2006 | Influenced by Mark Minervini VCP Trading Style & William O'Neil CANSLIM 📈
✔ Follow me on Twitter @taplot - twitter.com/TaPlot
✔ YouTube channel youtube.com/@taplot
✔ Follow me on Twitter @taplot - twitter.com/TaPlot
✔ YouTube channel youtube.com/@taplot
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.