So a possible scenario on CWAR. Seems to be forming a bullish Cup and handle pattern.
The local range is tightening a break out to the upside is possible soon (OR DOWN SIDE, you never know).
A confirmation for me would be breaking the trendline on high volume or doing a swing failure patter of the lows. That would give an easy invalidation.
No financial advice, paper trades only. Just an idea.
The local range is tightening a break out to the upside is possible soon (OR DOWN SIDE, you never know).
A confirmation for me would be breaking the trendline on high volume or doing a swing failure patter of the lows. That would give an easy invalidation.
No financial advice, paper trades only. Just an idea.