CNXpharma has possibly bottomed out at 8315; atleast for the medium term
1. Completion of ABC correction (A=C) 2. Recent low at 8315 sits rights above a major consolidation zone 3. Recent Low also falls along a trendline support 4. RSI divergence on weekly and daily charts
A full EW count is not possible since the index is barely 4 years old and its constituents are much older.