This chart and analysis are not financial advice. Do your own research before trading or investing.
In the weekly chart, CALT's share price closed within the 60-61 support range, ending the week with a red candle. This level coincides with the strong 0.5 Fibonacci support. The weekly RSI indicator shows that the support line remains intact, with a close above it.
Turning to the daily chart, breaking the 10-day moving average (DMA - the yellow line) is crucial for signs of an upcoming uptrend. The RSI indicator is also encouraging, with the share price finding support at S TL#1 and successfully breaking and closing above S TL #2.
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