I last posted about CNEH here. The downtrend continues, but the bullish picture hasn't changed. I think the ending diagonal could have one final down leg to $1.20 or so, but when this stock breaks out to the upside, it could be sharp! My first upside target is $2.50, but we could bounce much higher given it's 1.5 P/E ratio! It just reported excellent earnings, and there appears to be some strong accumulation going on at these levels (volume is expanding but price is holding steady).
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