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CUDA: Extended Consolidation

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Disappointing earnings guidance from CUDA 1.83% during its last earnings reports resulting in a 16% downside gap.

It has resulted in an extended consolidation in the form of W-X-Y.
Prices are in the midst of completing Wave Y.

A break of critical support at 9.44 (Dotted Red Line) will invalidate this analysis.

(Previous Analysis)
CUDA: Watch For Triangle Breakout

Nota
Stong bullish price action has swung the momentum back to the bulls.
An amendment to the chart interpretation will anticipate a upcoming strong uptrend.

Break of Minuette Wave (ii) at $19.06 will invalidate this interpretation.

istantanea

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