CANBK Update
CANBK is on uptrend and correcting after breaking it's trend line on weekly and daily chart. Breakout was considered as trend reversal Currently we are expecting this is long term correction and can expect 400+ target.
We are tracking as nested impulse count and breakout of 300 is also confirm completion of shorter correction. Lower time frame decoded micro count which is also supporting our longer term view.
CANBK is on uptrend and correcting after breaking it's trend line on weekly and daily chart. Breakout was considered as trend reversal Currently we are expecting this is long term correction and can expect 400+ target.
We are tracking as nested impulse count and breakout of 300 is also confirm completion of shorter correction. Lower time frame decoded micro count which is also supporting our longer term view.
-- By Hoagtrading.com (Twitter: @Hoagtrading)
