3SOF

CRGO has a great technical outlook right now:
- Ascending trend for the last 6 months
- Increasing volume
- Yesterday moved above an important resistance level with a volume peak.

I'm not sure if this move is sustainable from a fundamental view. But a chart like this may generate several setups, like a correction consolidation to the ascending support creating a good buying opportunity, or a short term confirmation of the breakout generating a larger move right now.

It's a nice penny to keep on the watch list....

This pattern is working nice so far. Today's candle after yesterday's big white can be considered bullish, taking in consideration that CRGO was down most of the session and that didn't stop the buying pressure confidence till the end of the session.