CGPOWER has some interesting price action.
The stock has declined more than 40% from its highs in Oct-24.
Now, the stock is showing excellent Bullish tendency.
Notice that it forms a low in Jan-25 and then continously forms Higher lows in Feb & March 2025.
In April due to the Trump tarriff panic, the stock gaps down put again shoots back up. This signals that buyers are lapping up the good prices.
As per my analysis, a target of 750 is likely in the near term.
The stock has declined more than 40% from its highs in Oct-24.
Now, the stock is showing excellent Bullish tendency.
Notice that it forms a low in Jan-25 and then continously forms Higher lows in Feb & March 2025.
In April due to the Trump tarriff panic, the stock gaps down put again shoots back up. This signals that buyers are lapping up the good prices.
As per my analysis, a target of 750 is likely in the near term.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.