CAN, has recorded significant net buying this past few days with volume surging +70% from 2.66M to 4.32M. This is hinting of significant accumulation in anticipation of the awaited growth season.
On weekly histogram, the stock registered higher lows - the shifting interval is 6 months. This depicts an initial trend reversal move with the current price range as the new base.
Pricewise, weekly descending trendline has been broken. The stock is currently sitting at 1.0 FIB Level, this is beyond bargain-discount already. The current levels is providing an attractive price to seed. The range is also hovering a 2.7 year longstanding solid support at 2.0 range and it is bouncing off it with precision.
Expect some significant price valuation from the present price level.
Spotted at 2.4
TAYOR Safeguard capital always.
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moving as planned:
I have high confidence on this one -- just like pre-surged times with MARA.
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QUICK UPDATE:
Breakout happened. Here's our updated visual.
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High confidence on this one.
SEED. SEED. SEED.
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Daily update:
Silence is Good. More chances to get in.
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Weekly data update: SEED ALERT!
CAN is shifting on weekly -- with new base getting elevated every few weeks. This is prepping for a more-than-average breakout.
Price is detaching from the strong downtrend line by a significant metrics.