CXT: Bullish Flag, not confirmed (35.22%)Another bullish flag pattern on the weekly chart for CXT.
Not confirmed yet.
Pros:
1- PPS above 50MA and 200MA
2- RS above 0
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
8- Descending volume during flag forming
Cons:
1- ATR flat, less volatility
2- Post formed without volume
3- Flag not confirmed yet
4- No break out yet
Target price is 76,14$
Stay humble, have fun, make money!
CXT trade ideas
CXT , LONGWell here's my chance better take it , I drew on the chart what I was kind of hoping would happen , did not expect the market to have such a nice day overall today and would n ot be surprised if today ends up reversing and allows weekly on QQQ to get closer to its key averages but I am good at being wrong. So , figured better just take the entry , we are slightly past the entry which was actually yesterday but I wanted to let the market decide as well .
Why I like CXT ,
TT's name , open 2/2s , and tight moves and RS , it was this or ARES today hard choice..
Kind of know in my gut that tomorrow might very well be a bear surprise but hoping i'm wrong and trading the event vs my opinion.
CXT , will potential buy this ,its triggered
Strong TT's name with 2 open Major 2/2 gaps . But it has triggered via a wedge drop and looks like monday might be an opportunity to get long this if it follows through on fridays upside reversal . Lets see what Mr market does tomorrow , I am honestly hoping for more " surprises " from the market , I think it could use some rest and we saw a lot of failures on stuff friday , expecting more bullshit before the clearing but the price is the price so with that logic , I should buy this if it tells me too , as long as I am willing to follow through since I am wrong ALOT lol , I am with this one so lets see what it says going forward .
CXT: Bullish Flag, confirmed (15%)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!
CXT: Bullish pennant (23%)CXT has bottomed in summer of 2022 and been climbing steadily ever since.
Currently building into a bullish pennant pattern.
Pros:
1- Post forming with volume
2- Descending volume during pennant forming
3- Volume at break out
4- PPS above 50MA and 200MA
5- RS above 0 and climbing
6- R/R ratio above 5
7- 250RSI above 50 and climbing
8- 50MA above 200MA
9- Both 50MA and 200MA ascending
10- Golden cross circled in blue
Cons:
1- ATR a bit flat
Target price is 57,56$
Again, stay humble, have fun, make money!
MAAX!