CTRA is in a clear uptrend, but after a strong rally, it’s now taking a healthy pullback. Price got rejected near $37 and is slowly moving down toward a strong support zone around $29, where buyers previously stepped in. Wave 4 can become a crucial demand zone for the current prices. Before the next big move, it may show a small bounce and then dip again into this zone to complete the correction.
The stock has already pulled back about 50% of its previous move, and now it’s approaching a strong support area. We’re watching for a possible reversal near the 61.8% Fibonacci level, which lines up with the previous support zone (earlier pullback area) and a known demand zone where buyers have stepped in before. Target for this setup is 33.45 - 34.64 - 36.10+.
Entry is only possible after the price action confirmation or sub-wave formation.
We will update with further information soon.
By BrightRally_Research
The stock has already pulled back about 50% of its previous move, and now it’s approaching a strong support area. We’re watching for a possible reversal near the 61.8% Fibonacci level, which lines up with the previous support zone (earlier pullback area) and a known demand zone where buyers have stepped in before. Target for this setup is 33.45 - 34.64 - 36.10+.
Entry is only possible after the price action confirmation or sub-wave formation.
We will update with further information soon.
By BrightRally_Research
액티브 트레이드
Achieved 33.45!거래청산: 타겟 닿음
ALL TARGETS HIT!
관련 발행물
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.