CG POWER AND IND SOL LTDCGPOWER has been trading within a descending channel pattern for the past several months.
The stock is testing the upper trendline of this descending channel. A breakout above this descending channel would indicate a trend reversal. The daily candle is bullish, with a close near the high of the day, showing positive momentum. If it breaks and sustains above 705, it could reach 740 and 780
