About to break from the handle and retest ATH of 135. All EMAs are in support & the stock has bounced back from a good Fib retracement level
I am bullish on CRNC on the basis of a cup and handle formation that offers an attractive risk/reward. The cup and handle is a bit "broken" only because of a gap-up due to CRNC being added to an index. We have now closed that gap at $109 and it appears that the bullish move is ready to continue. I am eyeing two targets for this trade at the 0.786 fib line and near...
I am looking for a move into the 130 to 135 range. this is coming off of higher highs and higher lows.
I don't even know what this company does, I just know the chart looks really good.
Not yet the time. A breakout here is needed together with the short EMA 50 to cross the longer emas
Over the last three days, Tickeron's A.I.dvisor has detected that CRNC's AroonUp green line (see chart) is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring...
CRNC is the leader in AI intergrated system with cars, multiple contract with a lot of car maker including tesla. Cerence have been extremely obedient to its channel and now its tries to take off that previous ATH. A nice pullback has occured which is very bullish because we see a clear rebound on the support. Long entry at 93.97 1st PT : 97 and 2nd : 99 Stop...
Over the last three days, Tickeron's A.I.dvisor has detected that CRNC's AroonUp green line (see chart) is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring...
I missed this stock earlier. Just came to my attention. On Friday it moved up (again) strongly on big volume. A bit extended on weekly, but something to watch for better entry price.
CRNC has plenty of room for support after its breakout. This will confirm the new trend.
Contextual immersion trading strategy idea. Cerence Inc. provides A.I. powered assistants and innovations for connected and autonomous vehicles. The share price rose after good earnings. I see some preconditions the share price will continue growing. The demand for shares of the company still looks higher than the supply. These and other conditions can cause a...
Check my profile for more info! For my latest stock, I took a look at Cerence Earnings $CRNC Stock. Darth Bear got 1Pts, while Bull Solo got 6Pts! CRNC is a new publicly-traded company, so there are many things to keep an eye out. CRNC is a software company the creates solutions to make your car "smart" Take a look if you want to invest in Software, Artificial...