CNP Bullish
Price closed above the (weekly) trend line in addition to breaking out of the rising wedge on the daily.
The close above 1 Fibonacci level and 32.67 (prior resistance) is a bullish signal, especially given the strength of the candle.
D+ crossed th D- indicator on the ADX and the MACD is also curling up for a MACD cross.
Force Index (13), (2) are both positive and OBV is confirming the recent price action.
2 x ATR stop at $31.42
Target: $35.80
The close above 1 Fibonacci level and 32.67 (prior resistance) is a bullish signal, especially given the strength of the candle.
D+ crossed th D- indicator on the ADX and the MACD is also curling up for a MACD cross.
Force Index (13), (2) are both positive and OBV is confirming the recent price action.
2 x ATR stop at $31.42
Target: $35.80
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