LeLaf

CRTN: Ascending triangle. Waiting for confirmation

Long
NASDAQ:CTRN   Citi Trends, Inc.
Ascending Triangle, waiting confirmation
Pros:
Descending volume during formation
Volume on break out
R/R ratio avove 5
PPS above 50MA and 200MA
RS ascending and above 0
250RSI above 50
Cons:
200MA flat
If confirmed:
PT1=22,69 (filled)
PT2=27,40


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.