CRDN - Looking at the technical daily chart, the shares of CRDN plummeted more than 13% on Tuesday and have fallen back into a former trading range between 21.30 and 17.60. The equity has also dipped back below support at its 10-day and 20-day moving averages. The near-term trend does not appear bullish, therefore there is no reason to invest in this stock now. Fresh exposures may be considered once the stock stabilises and gets into an upward trending mode.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
That's all folks. See you tomorrow !!!
AC