May. 16 at 9:48 PM
$CTVA
Weekly structure still strong, trend intact.
After breaking above resistance, price came back, retested cleanly, and now just grinding sideways above the breakout zone — basically building a higher base.
That kind of action usually signals steady absorption, not distribution.
As long as horizontal support holds and the 50 EMA keeps rising underneath, dips are still being bought in this structure.
For now it’s simple: trend is up, consolidation looks healthy.
Anyone seeing anything different here, or still just a continuation setup?
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