Clearfield, Inc.Long
CFLD - Reverse trend and retest?
Generally speaking, I'm looking for this stock to come out of its current bearish trend and go bullish after a possible retest when it breaks the trend. Volume looks good. We also have a Morning Star indicator as of today's bullish candle. The stock also appeared to close at a support level and the bullish candle has no upper or lower shadow.
At best there is a seems to be enough volume building up over the past few days to possibly break through estimated resistance near 13.06 and start trending towards the next level at 14.10.
Thoughts? Criticisms? Ideas? All welcomed. Thanks.
At best there is a seems to be enough volume building up over the past few days to possibly break through estimated resistance near 13.06 and start trending towards the next level at 14.10.
Thoughts? Criticisms? Ideas? All welcomed. Thanks.
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