Feb. 14 at 12:59 AM
$CRT is tightening up near the
$8.65 resistance level. After reclaiming its 50-day SMA, the trust is showing positive divergence on volume, suggesting a potential breakout from its current horizontal channel. With a 52-week high up at
$13.31, there's significant "air" above if it can clear this local cluster. 📈
Bull Confirmation: A daily close above
$8.69 (3-month trend ceiling) confirms the breakout, targeting the
$9.08 long-term pivot.
Bear Confirmation: A break back below
$8.25 (50-day SMA) invalidates the setup and suggests a return to the
$7.17 support floor.
Key Levels to Watch:
🟢 Bulls:
$8.69 |
$8.85 |
$9.08
🔴 Bears:
$8.25 |
$8.01 |
$7.17
#hovdid #CRT #Energy #Stocks