CARR - Ready to Swing up

CARR tested support @ the 38% fib retracement level 36.60 for the past few days and is looking poised to rebound from here as a bullish divergence has formed between price and RSI .

I am willing to go long here @ 37 with an initial Stop loss @ 35.95. However for those who prefer more confimration, wait to enter only upon the break of the near term trendline @ 37.5

Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you. Feel free to give me your thoughts ! :)


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