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Tag Archives: $CGEN

Where is the sprouting beanstalk?

Is it over here?

CGEN_weekly

Above is the weekly chart of $CGEN. You can see the cup and handle pattern except that the rim of the cup on the other side is a bit taller than the handle.  Hmm…  there are two walls to take over before this beanstalk can grow wild…

Take a look at the daily $CGEN chart below:

CGEN_daily

There are good support at the last December high at $5.86.  The next wall is at $6.17 which looks attainable.

I’m already in from last Friday and will add more if the $6.17 wall is taken out.

My 2 cents.

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