Cutera, Inc.
Long
Updated

$CUTR #breakout from C&H #pattern on weekly #chart

CUTR has completed a very nice looking C&H pattern on the weekly chart
After the earnings results it has broken and closed multiple weeks above the resistance line at 32.70
MACD and RSI are somewhat extended , but keep in mind is a weekly chart so there is still some room to run
Measured target is at 53.08

Good luck,
TA
Trade closed: stop reached
Stop on the breach of the cup neckline
TA

Disclaimer