Finally time to re-test key resistance and ATH?
Crayon is in general struggling with low-volume. However, end of day price action has been positive last weeks.
Convincing growth and strong market position leave no doubt that the fundamentals will deliver.
If able to keep above 50 MA with volume on Monday, should test TP1 and eventually TP2 during July.
Convincing growth and strong market position leave no doubt that the fundamentals will deliver.
If able to keep above 50 MA with volume on Monday, should test TP1 and eventually TP2 during July.
Note
Volume achieved and TP1 almost reached.Looking good for TP2 as well
Note
TP2 achieved. Good momentum and volume above it.I'd say we can probably push 77-78 before we get a new consolidation above former TP (70-73)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.