Shealy

Shealy

Another reason im still bullish on CTSI is the fact that the cloud is still in the green and there is a strong crossover signal (above the cloud) with the conversion line and base line, followed with a good upwards trendline. Once again, correct me if i'm wrong and give me your thoughts.

Shealy

As you can see CTSI has been in an ascending triangle since July on the daily chart. We have a weak trend reversal crossover which is highlighted (crossover happened above the cloud which typically means a weak bear signal). I believe price will consolidate above the Ichimoku cloud around $0.85 - $0.90 before a move higher by end of year. Correct me if i'm wrong...

Shealy

Bullish Head and shoulders pattern on the 15m, 30m, and 1h timeframes followed by ichimoku bullish signals (green cloud, base line and conversion line crossover and lagging span above the cloud.