Jun. 3 at 1:35 PM
$CLMT Calumet stock, watch for a top of range breakout at https://stockconsultant.com/?CLMT
Breakout trade
WATCH for possible breakout above 36.6
Target: 40.7, 12.7% Stop: 35.13 Loss: 2.7%
P/L ratio: 4.7 : 1 - Excellent
BULLISH
[Timing] Mild bullish 3 day candlestick pattern.
[Timing] breakout watch above 36.6, no resistance in area just above.
BEARISH
[Positioning] Short term strong rally, rally may start to slow.
[Positioning] Overbought, odds favor short trades.
[Positioning] Intermediate trend possibly bearish, Uptrend turned sideways, may continue or pullback.
[Positioning] at resistance