CVRX has shown tremendous strength this month. It reclaimed all of its moving averages in two days and has managed to hold above the 10-day EMA ever since.
This short-term moving average is what I want to see supporting the stock on a strong move up.
Shares pulled slightly back this week and kissed the support/resistance level at 13.00.
Traders may consider buying in the low $13 area with a stop loss at $12.00.
This short-term moving average is what I want to see supporting the stock on a strong move up.
Shares pulled slightly back this week and kissed the support/resistance level at 13.00.
Traders may consider buying in the low $13 area with a stop loss at $12.00.