CRDO: Cloud + EMAs Aligning for Upside ContinuationCRDO - CURRENT PRICE : 162.95
CRDO is showing a bullish reversal setup as price rebounds and closes back above the EMA50 while holding firmly above the Ichimoku Cloud , signaling the major trend remains intact. Momentum is improving with RSI rising above 50 and not yet overbought, supported by increasing volume on the recent bullish white candlestick.
Today’s move above the 20-day SMA adds a positive layer to the short-term trend structure. Short term targets are 175.00 and 185.00 while support is 148.00.
ENTRY PRICE : 160.00 - 162.95
FIRST TARGET : 175.00
SECOND TARGET : 1.85
SUPPORT : 148.00
Risingmovingaverage
QUBT - All MAs Pointing North!QUBT - CURRENT PRICE : 21.32
Technical Analysis Summary
Trend Analysis: The 20-day SMA is sloping upward, indicating short-term bullish momentum. Both the 50-day EMA and 200-day EMA are also trending higher, confirming that the medium- and long-term trends remain positive. Price is trading above all key moving averages, reinforcing a healthy uptrend structure.
Momentum Indicator (RSI): The RSI (14) is currently around 56, which is within the bullish territory (above 50). This shows positive momentum and room for further upside before entering overbought conditions.
Volume Analysis: Recent up-moves have been accompanied by rising volume, suggesting that the buying interest is supported by strong participation from investors.
Ichimoku Cloud: The price is above the Ichimoku Cloud, confirming the bullish sentiment and strong price structure. Chikou Span is above candlesticks and cloud further strengthening bullish outlook.
ENTRY PRICE : 21.20 - 21.40
FIRST TARGET : 25.00
SECOND TARGET : 28.00
SUPPORT : 18.00

