CREE - Keep your eyes on this sleeping monster

By Raw_Blitz
Updated
Dear Traders,

Bears were in control for a while but not anymore.
Bulls managed to push this baby quite a bit and now it's time to see how powerful those bulls are. Is this stock going to pierce through the 200 ema ?

RSI is overbought but this is normal which such a run, daily RSI looks sweet.

Let's keep an eye on this one. If the bulls manage to break the 200 ema, we will see a run.

Any thoughts?


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Here we go !
Comment
First Target : 40.75$ (100 ema)
Comment
Now the 200 ema is our support level, will it hold ? I hope so. If it does we should see a higher buying volume, and that will create a run.
ACBauroracanopyCREEGTECHEXOKALYTGODTrend Analysisweed

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