CMG's been stuck in a tight range ($56-$59). Big gap up to $64. Breakout time?
### Analysis:
* **Daily Chart:** Consolidation for 3 weeks. Spring loaded! * **Volume Profile:** Point of Control (POC) around $58. Price likes to revisit these. * **Main Event:** Gap up to $64. That's the prize. * **Backup Plan:** Small gaps below at $56 and $54.50 *if* it breaks down.
### Trade Idea:
**Bullish (What I'm watching):**
* **Buy:** Break *above* $59 with strong volume. * **Target:** $64 gap fill. * **Stop:** Below $56 (or tighter, your call).