As you can see CTSI has been in an ascending triangle since July on the daily chart. We have a weak trend reversal crossover which is highlighted (crossover happened above the cloud which typically means a weak bear signal). I believe price will consolidate above the Ichimoku cloud around $0.85 - $0.90 before a move higher by end of year.
Correct me if i'm wrong as i'm fairly new to trading.
Correct me if i'm wrong as i'm fairly new to trading.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.