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Callon Petroleum Company
CPE
, 1W
Long
CPE: Callon Petroleum Company

A textbook Cup and Handle is forming on the CPE chart. I believe the handle can continue down as far as $11.40 considering there is support at that level, prior to the cup forming. The bottom of the cup shows a price of $4.50 and the bottom of the handle may go as low as $11.40 in the coming days or weeks. Therefore, I have based my price target from $11.40...

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