CDNA has formed a nice cup and handle pattern. The cup and handle target is around $50 near the top of the red channel within the larger white channel. With the big analyst upgrades this stock has been receiving CDNA could break the red channel to the upside and continue up the white channel.
Note
Short seller report was released today, caused the drop... strong support found at $32 which is the same price as the previous gap up zone in may
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.