JTPro
Long

CREE has long term growth potential

BATS:CREE   CREE INC
102 0 0
The first bullish trend I see, are through the OBV and Accum/Dist charts. Both charts show gradual accumulation of CREE             at higher prices. This trend looks very similar to it's previous trend that started in late April             of last year til August, which had a nice run up from $53 to $74.

In additon, according to the Money Flow Index ( MFI ), CREE             has bounced off the 30 mark twice. If it can break through 50, that would be a strong bullish signal.

In the short run, MACD is showing that the 12-day line is about to cross the 26-day line. which is another bullish signal.

IMO             , this could be a good entry point, if you're looking for long-term growth of about 20% for the next 6-12months. Assuming fundamentals stay at status quo.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out