huntersanna33

CARR - Consolidating after move higher

Long
NYSE:CARR   Carrier Global Corporation
After earnings report price is still in a uptrend with little sellers after the follow through. Stock is still extended form KMA and would like the 23EMA to catch up and have the price hold the MA. Volume shows buyers are in control of this name and it wants to continue the path of least resistance which is currently up.

No good R/R entry at the current prices. Need to be patient and let this rest before a move higher. IMO a good entry would be for the price to test the 23EMA then would like to see a move past the previous high of 57.18 on higher volume .

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