CXT has bottomed in summer of 2022 and been climbing steadily ever since.
Currently building into a bullish pennant pattern.
Pros:
1- Post forming with volume
2- Descending volume during pennant forming
3- Volume at break out
4- PPS above 50MA and 200MA
5- RS above 0 and climbing
6- R/R ratio above 5
7- 250RSI above 50 and climbing
8- 50MA above 200MA
9- Both 50MA and 200MA ascending
10- Golden cross circled in blue
Cons:
1- ATR a bit flat
Target price is 57,56$
Again, stay humble, have fun, make money!
MAAX!
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