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@Myrkient did you mean C&H on the weekly? It does look like...

  1. 41 Posts.
    @Myrkient did you mean C&H on the weekly?

    It does look like we're under textbook accumulation before any updates come out.
    Keep in mind there's only 7 trading days left in Feb - the month where we're expecting news. Reminds me of the accumulation phase GPP went through.
    Sitting on old resistance gives quite strong support for any last accumulation before our next leg up imo.
    I've marked what seems to be large buy ins on an increase in volume, followed by flush out of retail sellers over a few days, then hit again with another large buy in.
    Supply looks to have dried up over the last week though.

    MACD looks to be turning up, and stochastics suggest highly oversold.
 
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