$CSTM 4 Month #DescendingTriangle #ChartPattern

CSTM has formed a 4 month descending triangle pattern with a clear horizontal support boundary @ $7.25. The stock has tested that level 4 times during the chart pattern formation. A daily decisive close below $7.25 will confirm the chart pattern breakdown and set the stage for lower prices.
Chart pattern price target is around $4.50 but $5 round number price level will act as support, so if I take this trade, I would planning on covering shorts around that level.