DDNKResearch

CARGURUS Inc: BREAKOUT ABOVE THE SHORT-TERM DOWNTREND LINE

Long
NASDAQ:CARG   CarGurus, Inc
The momentum in the “Bullish Harami” pattern extends, Breakout above the short-term downtrend line implies strong momentum, Positive view by the Moving Average indicator, MACD’s buy signal, The 14-day RSI indicator shows an encouraging bullish bias above 50 pts: Expect more buying activities.

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