Apr. 20 at 8:58 PM
$CRNT What makes this more meaningful is where it happened:
* Price just closed around
$2.56, which is above the 0.618 Fib level (
$2.46)
* It is now pressing directly into the 0.786 level at
$2.63
* Volume is above average and has been expanding on the move up
* CRNT recently moved above its 200-day moving average, which is another strong technical confirmation