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.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.