Is the CYDY triangle consolidation finished? Bullish above $4.6

8 ביולי 2020

The CYDY consolidation we expected after the spike to $10 may have finished this morning with c wave to $4.75, despite break of $5. Or if trial news is further delayed the triangle could continue to elongate with additional legs (blue path) keeping a short-term bullish bias as long as last week's $4.6 (and $4.75) lows hold.