CRDO - CURRENT PRICE : 162.95
CRDO is showing a bullish reversal setup as price rebounds and closes back above the EMA50 while holding firmly above the Ichimoku Cloud, signaling the major trend remains intact. Momentum is improving with RSI rising above 50 and not yet overbought, supported by increasing volume on the recent bullish white candlestick.
Today’s move above the 20-day SMA adds a positive layer to the short-term trend structure. Short term targets are 175.00 and 185.00 while support is 148.00.
ENTRY PRICE : 160.00 - 162.95
FIRST TARGET : 175.00
SECOND TARGET : 1.85
SUPPORT : 148.00
CRDO is showing a bullish reversal setup as price rebounds and closes back above the EMA50 while holding firmly above the Ichimoku Cloud, signaling the major trend remains intact. Momentum is improving with RSI rising above 50 and not yet overbought, supported by increasing volume on the recent bullish white candlestick.
Today’s move above the 20-day SMA adds a positive layer to the short-term trend structure. Short term targets are 175.00 and 185.00 while support is 148.00.
ENTRY PRICE : 160.00 - 162.95
FIRST TARGET : 175.00
SECOND TARGET : 1.85
SUPPORT : 148.00
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.