CTVA - Corteva, Inc.Stock recently broke out of a ~10 month base and is forming a very tight VCP / high handle.
The stock continues to make new relative strength highs, giving very little back while the indexes struggle, showing its superior strength relative to the overall market.
Look for a breakout over the February 9 closing print of $51.54 with a stop just below the low of the VCP.
CTVA
CTVA 4D:: Best level to BUY // 40%+ SWING trade (STOCKS)Why get subbed to to me on Tradingview?
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CTVA 4D:: Best level to BUY // 40%+ SWING trade (STOCKS)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: CTVA 4days/candle chart chart overview
::: strong bullish chart
::: symm triangle breakout
::: strong recovery in progress
::: measured move TP is 40% gains
::: TP bulls is 38+ 40% gains
::: expecting strong gains next few weeks
::: next SWING is going to be 40%+ gains
::: well defined symm trn breakout
::: STRATEGY: BUY/HOLD at market
::: BUY/HOLD swing trade setup / patient traders
::: 40%+ gains on BUY SIDE medium-term
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment: BULLS
::: Sentiment outlook short-term: BULLS