Trader's Logbook

CPG is constantly creating higher lows while trying to break from the resistance. This price action suggests that while the bulls are stopped by the strong force from the bears, they are gaining strength because they are making higher lows. Bulls keep on putting pressure on that resistance level and may soon get what they want.

Are we looking at 2.48 after breakout? Maybe because that is the next resistance we could see as of this time.

Caveat!