$CRNC - Would you chase?
CRNC hits the upper trendline of the descending wedge on a recent breakout. If the wedge plays out, the measured move for the wedge is $81, suggesting significant upside potential.The $31 area is a hard resistance area to watch. Targets are shown in the chart.
As always, I share my opinions and trades. I'm not suggesting that anyone follow my trades. You do you.
I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
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