Clicks is in a bullflag that will culminate in a cycle low, the share needs to have 8 September as a cycle low for it to remain right translated (somewhat bullish). For price to confirm a yearly low we need to close above the green resistance on a monthly basis, a tall order. Earnings come in week 21, which is close to a cycle top & a time for an expected daily cycle high. We can sort of guess earnings will not please investors. Ideally we would want Clicks to resume a bearish move and go lower than 31 May low, this resets the yearly cycle and give bulls room for another shot at long position. For now we watch price action.
