CPHL is currently in an overbought zone, and profit-taking is advised at higher levels. The price action has surpassed its previous high of 101, reaching a new peak of 109.30. The previous resistance at 101 now serves as a support level, and a long position may be considered once support is firmly established around this level. The next potential target for the upcoming impulse move is approximately 118. To manage risk effectively, a stop-loss should be placed below 92.50. This swing trade setup anticipates a potential gain of 16.83%.

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