CNEH has had an awesome run over the past two months, rallying from 1.25 to 3.48 in just three months. I suggested going long around 1.50, as you can see in this post. I am unloading about half of my position at 3.25 today, as I think we'll see corrective action over the next few weeks/months.
Notice the clear 5-wave rally. I believe this rally should complete Wave1 out a new uptrend that should take CNEH above $5. I think we will soon see consolidation for Wave2 on decreasing volume. I will try to add to my position on a drop to the $2-$2.50 range.
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