CAN (can bulls go again.)CAN is currently in a strong uptrend indicated by the uptrend line.
Bullish indicators
Uptrend line acting as support
Decreasing BEAR volume (lack of sellers) Prise also moved up on small Bull volume which may indicate this stock is ready for some more upside.
4hour and daily MACD getting close to a Bull Cross.
RSI turned indicating Bullish momentum
Buy 2.95
target 3.41
target 3.70
target 4.45
Stop loss 2.80
CAN trade ideas
CAN pushing out here after some solid consolidationCAN push through here today after some nice consolidation. Great Volume contraction pattern through the base and popped through the pivot today. Watch for the next few days for follow through volume or a Pull Back Buy if missed the entry today.
When a stock holds the 20day MA on the PB 0.18% always a positive sign and one to keep an eye on. Nice move into Stage 2.