CREE has long term growth potential

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.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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 Contact Support Ideas Published Followers Following Private Messages Chat Sign Out