Bullish Signals !
$ConnectM Technology Solutions (CNTM.US)$ In the 4H chart, the 20EMA has been acting as support/resistance for a long time. We need to see a 20EMA breakout attempt and see this line cross above the 50EMA. There has been a lot of volume during these days, which has helped to push the price. The Descending Triangle continues its formation, changing a bit over time, its angle becoming more acute; we are approaching the reversal. Moreover, if we apply the Fibonacci reversal on the last "curve", the current price stock corresponds to the important reversal level of 23.60%. I will add that there are subtle Bullish Positive Divergences, we can see it better in the 1H chart. BTW, almost all the indicators tools in this chart look Bullish !! The Borrow Fee (cost-to-borrow) has increased today.
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