Wednesday, April 26, 2017 2:40:50 PM
"May be as *short as seven weeks* or as long as 65 weeks."
The above information comes from Investopedia , there is much more information there.
The PREDICTED move up is from the bottom of the cup ( .088 ) to about .11, a move of about 2 + cents.
Yes , a 20% increase is nice BUT, this is NOT a C&H , the time period is to short.
TA is using the past to predict the future.
CVM is an **EVENT** driven stock and the past will have little value predicting the future.
When the price moves up shorting increases and so does M/B chatter ( I was referring to Y M/B ).
A positive arb outcome should/could move price much more than a few pennies.
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