Jun. 11 at 8:12 PM
$CLS
Minor Wave 3 target
$580+, Primary Wave 5
$650+
After mid-May capitulation, stock rebounded and is attempting a higher low in the mid-
$300S to confirm next leg higher.
Structurally, near a Subwave 2 low that should confirm Minor Wave 3, part of a larger Primary Wave 5. Long-term growth driven by ATS, CCS, and connectivity hardware in AI/HPC.
Recent pullbacks on declining volume are now entering a major support zone, giving a favorable long-term risk/reward. Valuation remains reasonable for expected fundamental growth.