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avedj94

Canada Reopening in 5...4...3.. :Potential Weekly Inverse H&S

Long
CINEPLEX INC (TSX:CGX)  
avedj94  
TSX:CGX   CINEPLEX INC
Trend Analysis Chart Patterns CGX cineplex
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trendanalysis chartpattern cgx cineplex
$CGX's pattern currently looks like it could be forming an inverse H&S on a weekly. If validated, the target would be around $27. Canada is progressing very nicely in vaccination effort, with COVID case counts being steadily being lowered. Once the economy is reopened, 2021 is packed with good movie releases and Cineplex will soon be able to boom once more.
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