Panjang

$CUB 1 Month #AscendingTriangle #ChartPattern

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$NYSE:CUB put in a powerful gap through the 200 MA and has been digesting that gap and run for the last 4 week. The stock closed right below $61 level that has been acting as resistance. A clear close above that level should trigger the next leg higher to $70 and $75 price targets. Volume pattern a bit weak and the stock need to see big buyers come in to get it to these levels. That said, its a nice looking setup to watch for next week.

Penafian

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