Charter Communications Inc Long confirmation ... As we see there was consolidation (130 M Total volume) Buyers were liquidated on $300 level, now it's time to kill sellers ! Market Makers are really cool at what they do ...
CHTR has broken out of a Cup and Handle pattern, we should see more to the upside.
CHTR is approaching our first support at 271.73 (horizontal swing low support, 61.8% Fibonacci extension, 76.4% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 304.11 (horizontal overlap resistance, 50% Fiboancci retracement). Stochastic (89,5,3) is also approaching support where we might see...