CTL has formed a weekly swing low failure and has also formed weekly bullish divergence. These are generally strong indications of a reversal, More so since they are showing on a weekly time frame.
Moving average guide (All Weekly for this post): 50 weekly moving average in Green. 100 weekly moving average in Yellow. 200 weekly moving average in Red.
-This is not financial advice. Always do your own research and own due-diligence before investing and trading, as for investing and trading comes with high amounts of risk. I am not liable for any incurred losses or financial distress.
well.. Im invested in CTL but I use other kind of indicators (volume, RSI and Wyckoff demand/supply technic) and all of this indicates CTL is due to a strong reversal.. Let's sit and wait.
Do you also study the fundamentals?
Deftsuo
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@BrunoDanteSampaio, I keep track of fundamental news and events, but I'm mostly a TA guy as of right now. Currently taking college classes over proper stock analysis techniques and things of that nature.
Do you also study the fundamentals?