Hi guys! This is a MACRO Analysis on AMericas Car Mart (CRMT). Macro meaning larger timeframe aka the 2 week in this instance. Macro moves tend to speak louder than smaller timeframes like the 1 day for example when they start to move in price. I believe CRMT has come to an important area and poses a great trade setup in my opinion. If we look to Price...
Over the last three days, Tickeron A.I.dvisor has detected that CRMT's AroonUp green line (see chart) is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring...
This is a Bullish indicator signaling CRMT's price could rise from here. Traders may explore going long the stock or buying call options. Tickeron A.I. dvisor identified 43 similar cases where CRMT's MACD histogram became positive, and 32 of them led to successful outcomes. Odds of Success: 74%. Current price $90.19 crossed the support line at $87.08 and is...