prudhvinc

CRNT Swing Trade

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NASDAQ:CRNT   Ceragon Networks Ltd.
CRNT has shown a nice rally and is currently hovering below resistance at 3.00. The range from 3.00 to 3.20 is an area of low volume, and so a break above resistance could bring us to 3.20 and beyond. RSI has also cooled down, and the chart seems to suggest a reversal in place.

Waiting for volume to bring us above 3.
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