CXT: Bullish Flag, not confirmed (35.22%)

Another bullish flag pattern on the weekly chart for CXT.
Not confirmed yet.

Pros:

1- PPS above 50MA and 200MA
2- RS above 0
3- R/R ratio above 5
4- 250RSI above 50 and climbing
5- 50MA above 200MA
6- Both 50MA and 200MA ascending
7- Golden cross circled in blue
8- Descending volume during flag forming

Cons:
1- ATR flat, less volatility
2- Post formed without volume
3- Flag not confirmed yet
4- No break out yet

Target price is 76,14$

Stay humble, have fun, make money!

Сделка активна:

Here we go. To 76$.