This set up looks a lot like a Cup and Handle

Panjang

Ceragon Networks Ltd. (NASDAQ:CRNT)

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NASDAQ:CRNT Ceragon Networks Ltd.

Typically a cup and handle chart happens after a quick run up, with people taking profits and others assessing the stocks future capabilities to deliver additional returns. Ceragon has solid earnings, if the stock can gain momentum after the handle forms the potential exists for above average returns.

Komen:

Well, this looks like a fail. Will have to see what happens with earnings in a couple of weeks.

Komen:

Well, hopefully, patience has been rewarded.

Komen:

Hopefully we have some good volume with this momentum.

Komen:

Looks like a tweezer top, may be time to take some profits.

Penafian

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