right after the MOO trendline alert this morning, i also receive one on the CWTR set-up recent posted. if you decide to take it, i would normally tell you to watch for above average volume to confirm the breakout but that doesn’t really seem to matter much in this market lately. longer-term traders, investor might want to wait for a solid candlestick close above the pattern although i will say that this one has “short-squeeze” written all over it so it could rip if the breakout sticks and the market continues moving higher. as always, DYODD and remember, CWTR is just barely trading over the 1.00 share price mark and as such, this is a potentially high return, but also high risk trade. my preference when trading a stock like this is to use a smaller than usual position size to adjust for the additional gain/loss potential on the trade. as the stock is trading only slightly above that downtrend line right now, just click here to see the last static chart from the original post, which was just posted on tuesday. fyi- i am going to wait to see a little more upside before categorizing this as an active trade but did want to point out the possible breakout here. just remember that the risk of breakout failures (aka- “fake-outs”) goes higher as the market gets more extended (overbought) and we continue to get non-confirmation via volume on these moves.