LDC870

CRMD Setup for TTM Squeeze

Long
LDC870 Updated   
AMEX:CRMD   None
Volatility bottomed out and is beginning to rise; sustained upward momentum; Bollinger Bands are beginning to expand and it appears squeeze should be released early next week.
Comment:
Squeeze released today on daily chart. Price bounced back nicely on stop-loss raid today (Monday) and closed at 1.60. Expect uptrend to continue.
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.