City lodge and my long position

City lodge now after its stock split and rights issue has been forming this perfect horizontal channel where it will soon be reaching close to the bottom due to the earnings report and bounce back giving us an amazing potential 130% growth opportunity. this is something i am currently in and will be holding for the upward wave to gain some great profit.

Please note that this is just an idea open to comments and suggestions and not financial advice, always manage your risk and trade wisely.