Williams Alligator Indicator shows that the alligator has an ¨open mouth¨, meaning there is strong bullish momentum.
RSI shows that CDC is not overbought or oversold, therefore, a trend reversal or corrective pullback are unlikely to happen in the near future.
MACD line is over the signal line, indicating the presence of bullish momentum.
Overview: Overall, all indicators suggest that CDC is in a bullish trend. A long position is recommended, entry price is set lower than current price to account for possible bearish momentum, and stop loss is set at -5% of entry price.
RSI shows that CDC is not overbought or oversold, therefore, a trend reversal or corrective pullback are unlikely to happen in the near future.
MACD line is over the signal line, indicating the presence of bullish momentum.
Overview: Overall, all indicators suggest that CDC is in a bullish trend. A long position is recommended, entry price is set lower than current price to account for possible bearish momentum, and stop loss is set at -5% of entry price.
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