Dec. 16 at 1:44 PM
$CTRM Lower Highs and Lower Lows as the price continues to fall after the ER. This was another pump and dump scenario with just enough pressure to trap some new bulls.
Lets do the math.
The Bollinger Bands on 12/15/2025 rested, top at
$2.48, EMA
$2.13 and bottom at
$1.78. From the ER on 12/03/2025 the price went from it's open of
$1.95 to a high of
$2.46 on 12/10/2025, a 26.15% rise in SP with 808,000 shares trading in that window of time.
The news, however was not strong enough to illicit buying from institutions or professional traders, and the SP has already fallen 11.38 % from it's high of
$2.46 to it's Monday Close of
$2.18.
Looking at the MACD you can see Bullish Convergence forming in the Histogram or the light blue candlesticks, they are telling you that things are ok, but not as good as they were just a few days ago. Bullish Convergence is a good sign of a stocks price slipping and a great indicator on when you should exit a position.
