Pullback Buy in CVRX

2023년 5월 25일

CVRX has shown tremendous strength this month. It reclaimed all of its moving averages in two days and has managed to hold above the 10-day EMA ever since.

This short-term moving average is what I want to see supporting the stock on a strong move up.

Shares pulled slightly back this week and kissed the support/resistance level at 13.00.

Traders may consider buying in the low $13 area with a stop loss at $12.00.