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CTS Corporation
Long

Bullish move ahead?

By p4917
Updated
The likelihood of a bullish move now is getting more significant. Reasons:

  1. After the low on September the 11th the price conducted a bullish move and has been in a sidewards consolidation since September 19th.
  2. On the last trading day the 30- and 50-day SMA made a bullish crossover. Now, all the SMAs are aligned bullishly.
  3. The last trading day also produced a beautiful hammer candle.
Trade active
stopped in. let the magic happen;)
Moving AveragesSupport and ResistanceTrend Analysis
p4917

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