Trading Options with an Edge
Select Page

CDLX Near Downtrend Breakout

CDLX Near Downtrend Breakout

by | Jul 21, 2021 | Chart SetUps

Cardlytics (CDLX) shares forming a nice flag above its 21- and 55-EMA and just below a big volume shelf at $130. A breakout through downtrend resistance and above that level has room to run to $150 and VPOC from February. CDLX shares are hitting the ‘ready to run’ scan today with RSI improving off of a neutral 50-level and MACD approaching a bull crossover.