CXT currently building into a bullish flag pattern after a confirmed bullish pennant.
Confirmed last Friday.
Pros:
1- PPS above 50MA and 200MA
2- RS above 0 and climbing
3- R/R ratio above 5
4- 250RSI above 50 and climbing
5- 50MA above 200MA
6- Both 50MA and 200MA ascending
7- Golden cross circled in blue
Cons:
1- ATR a bit flat
2- Post formed with some volume, but barely
3- Almost no descending volume during pennant forming
4- No volume at break out
Target price is 60.84$
Again, stay humble, have fun, make money!
MAAX!
Confirmed last Friday.
Pros:
1- PPS above 50MA and 200MA
2- RS above 0 and climbing
3- R/R ratio above 5
4- 250RSI above 50 and climbing
5- 50MA above 200MA
6- Both 50MA and 200MA ascending
7- Golden cross circled in blue
Cons:
1- ATR a bit flat
2- Post formed with some volume, but barely
3- Almost no descending volume during pennant forming
4- No volume at break out
Target price is 60.84$
Again, stay humble, have fun, make money!
MAAX!
Disclaimer
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.
Disclaimer
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.