A 5.6% run has CRCLB testing its weekly high of 93.41.
It's holding above the 20-day EMA at 91.05, but the $26M in 24h volume feels thin for a clean breakout. This looks more like a test than a conviction move. My read is this is where you watch for a rejection. The move up from the 84.48 low is looking tired and this is the logical place for sellers to appear on the tape.
Is this where you're taking profit, or adding to your bags?
$CRCLB
We post through the day, every day. Follow if this is useful.
It's holding above the 20-day EMA at 91.05, but the $26M in 24h volume feels thin for a clean breakout. This looks more like a test than a conviction move. My read is this is where you watch for a rejection. The move up from the 84.48 low is looking tired and this is the logical place for sellers to appear on the tape.
Is this where you're taking profit, or adding to your bags?
$CRCLB
We post through the day, every day. Follow if this is useful.
