CHR has seen an amazing run up in the last two months. Since hitting a new ATH the 13rd, the price fell after a much-needed corrction.
After a more than 50% dump over the last week, it appears that the price has found a strong support in the bottom trend line of the triangle drawn on the chart. This trade is based on the idea that the price will soon break-out on top and continue its way up from there, making up for lost ground.