CTRA - Wave Resistance Break Could Trigger Rally

TradingView2026/04/26 12:48

By:TradingView

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In previous research, we analyzed the wave scenario where bulls are about to take control. The stock already reached the expected Fibonacci cluster level and hit the first target of 33.45!

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CTRA - Wave Resistance Break Could Trigger Rally image 0

What's Next?
If the stock is going on an upward march, it has to break the wave resistance of 34.35 and sustain above it. A strong move with good volume can help the stock make a new all-time high, too. Target for this setup is 36.10 - 38.1 - 39.8.

As we mentioned earlier, a pullback before a move is expected when the price fails to break the resistance.

We will update further information soon.
BrightRally_Research

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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CTRA - Wave Resistance Break Could Trigger Rally

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