Nov. 22 at 2:23 AM
$CTRA shows a last close of
$25.75, indicating a strong position within its recent trading range. The RSI of 61.15 suggests that the stock is nearing overbought territory, but it still has room for upward movement. The 30-day moving average (MA30) at
$24.64 and the 50-day moving average (MA50) at
$24.28 indicate a bullish trend, as the current price is above both MAs. The stock's 60-day high of
$26.88 provides a potential resistance level, while the low of
$22.33 establishes a solid support base.
Directional bias is bullish, supported by the price being above both MAs and the RSI indicating strength.
Suggested entry:
$25.80 (slightly above the last close to confirm momentum).
Stop loss:
$24.50 (below the 50-day MA).
Targets:
$26.50 (near the 60-day high) and
$27.00 (psychological resistance).
Monitor for any changes in RSI or price action for adjustments.
https://privateprofiteers.com
