$CRNC - Would you chase?

6 בינו׳

CRNC hits the upper trendline of the descending wedge on a recent breakout. If the wedge plays out, the measured move for the wedge is $81, suggesting significant upside potential.

The $31 area is a hard resistance area to watch. Targets are shown in the chart.

As always, I share my opinions and trades. I'm not suggesting that anyone follow my trades. You do you.