CRTO - Bullish Assumptions Assuming a slanted double bottom using this channel
I expect a rise, finding symmetry with the middle vertical line on each side
Lets see how it plays out
Bars pattern placed shows my thoughts in green
CRTO
Criteo SA loosing Credentials. CRTO3We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
CRTOCriteo (NASDAQ:CRTO) is setting up nicely to break into new highs. Buy point would be on the day it blows through $42.50 on heavy volume.
Bullish MACD Divergence CRTO Bullish MACD and RSI divergence may have fueled the resent surge from $25-$37 in Criteo's price. However, the price has formed a nice bull flag and likely will continue to rise. I expect a test in the $44-$42 range.
CRTO - Nice setup for Bull CaseOscillator showing more and more Bullishness + Stock raising in a stair-case fashion.
One can argue the recent unconfirmed rumors about a possible acquisition might have distorted indicators, but it looks to me that the trends are real.
Predicting around 42-44 by end of 2014. Earning expecting to be good which can't hurt this prediction.
Prediction breaks down if stock falls below the purple delimited area.
