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!
