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DNR Long - Cup n Handle
Both A and B plays require volume to wane as price declines
Plan A - Play the handle tail into retest.
Plan B - Play the fully formed Cup n Handle validated retest
Buy at A is if price begins to rest at 3.60 and volume remains low. Look to sell at B or for a 15-20% swing up.
Buy at B if high volume breakout of resistance. Hold time period is 6 months+ at this stage.
Plan A - Play the handle tail into retest.
Plan B - Play the fully formed Cup n Handle validated retest
Buy at A is if price begins to rest at 3.60 and volume remains low. Look to sell at B or for a 15-20% swing up.
Buy at B if high volume breakout of resistance. Hold time period is 6 months+ at this stage.
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