Will history repeat...
There's that saying history may not repeat but it rhymes. If I take a step back and look at CNC's indicators that I use, it's looking awfully similar to 2 other time frames. End of 2020 into 2021 and fall of 2021. And I'm using the weekly charts. This removes the little gyrations of the shorter term charts. Each of those times saw a minimum of a double (approximately) following those runs.This tells me that people are either catching wind of CNC or we're about to get news. I'm also factoring in the huge positive divergences as of late. I'll post a target price in the next post. GLTA