LeLaf

CXT: Bullish Flag, confirmed (15%)

Long
NYSE:CXT   Crane NXT, Co.
CXT currently building into a bullish flag pattern after a confirmed bullish pennant.
Confirmed last Friday.

Pros:

1- PPS above 50MA and 200MA
2- RS above 0 and climbing
3- R/R ratio above 5
4- 250RSI above 50 and climbing
5- 50MA above 200MA
6- Both 50MA and 200MA ascending
7- Golden cross circled in blue

Cons:
1- ATR a bit flat
2- Post formed with some volume, but barely
3- Almost no descending volume during pennant forming
4- No volume at break out

Target price is 60.84$

Again, stay humble, have fun, make money!

MAAX!
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