$CNC

By pmgai
Its possible price can bounce off trend line support. The support has been pretty strong. It does look as though price is forming an H&S as well so be cautious and let price develop. If price does bounce off its possible price can head towards resistance possibly forming an ascending triangle. Its also possible price can break through trend line support and sell off some.
Ascending TriangleChart PatternsCNCStocksTrend Analysistrendlinesuport
pmgai

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