CTLP- Long Setup We are looking for a break above 6.03, stop signal below 5.63, target 1: 6.87 target 2: momentum
CTLP trade ideas
CTLP LongThe D+ on the ADX is curling up and the MACD recently crossed over. Price recently crossed $7.25 which has been a significant level in the past.
We also see a double bottom (3/8, 3/14) which is very bullish coming after a downtrend.
Finally with a POC line ytd at $12+ I feel that CTLP has bottomed and is ready to reverse.
Targets: $8.47, 8.94, 9.60 in the near term.
EVERYONE IS FAR TOO QUIET ABOUT THISThis is Cantaloupe Inc.
Cantaloupe Inc. was formerly known as USAT, yes USA-Tech, a titan. Cantaloupe Inc. is a rebrand to more successfully integrate internationally, and they are taking BAKKT payment solutions with them.
-BAKKT integrates crypto payments and going HAM on their end
-partners with: RBC Rewards, Best Buy, and Vitality (24mili users)
Cantaloupe Inc. earnings are growing, and with the rebrand and heavy positioning, Cantaloupe Inc. is looking for a bull cycle alongside crypto.
