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CTO looks trapped in the range!
Hello Traders
CTO stock seems to be in a strong range! the RSI 14 shows a change in the trend so I expected the price will touch at least the resistance line, first target, or it will break the resistance line causing a break out. Furthermore, in support of this hypothesis, it is possible to notice that the MACD shows that the bearish momentum is becoming weaker.
Going long in this trade can be a good opportunity.
Remember to put a stop loss in order to secure your capital!
Not a financial advice.
CTO stock seems to be in a strong range! the RSI 14 shows a change in the trend so I expected the price will touch at least the resistance line, first target, or it will break the resistance line causing a break out. Furthermore, in support of this hypothesis, it is possible to notice that the MACD shows that the bearish momentum is becoming weaker.
Going long in this trade can be a good opportunity.
Remember to put a stop loss in order to secure your capital!
Not a financial advice.
💥 Free signals and ideas ➡ t.me/vfinvestment
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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
💥 Free signals and ideas ➡ t.me/vfinvestment
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.