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Master_of_Fine_Charts

CTLP Long

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Cantaloupe, Inc. (NASDAQ:CTLP)  
Master_of_Fine_Charts  
NASDAQ:CTLP   Cantaloupe, Inc.
Trend Analysis Technical Indicators Chart Patterns
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trendanalysis indicator chartpattern
The D+ on the ADX is curling up and the MACD recently crossed over. Price recently crossed $7.25 which has been a significant level in the past.

We also see a double bottom (3/8, 3/14) which is very bullish coming after a downtrend.

Finally with a POC line ytd at $12+ I feel that CTLP has bottomed and is ready to reverse.

Targets: $8.47, 8.94, 9.60 in the near term.
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