CARR – Bullish Breakout Toward Gap and ATHCarrier Global NYSE:CARR has closed above a key resistance zone near $76.50–$77.00 , indicating a possible breakout setup in progress. This move comes after a Golden Cross , where the 50 SMA crossed above the 200 SMA — a long-term bullish signal.
🔍 Technical Highlights:
✅ Golden Cross: Bullish momentum building.
✅ Breakout level: Price broke above horizontal resistance zone.
🔄 Next step: Wait for a potential retest of the breakout zone.
🔊 High volume on the breakout and retest would increase the strength and reliability of the setup.
🎯 Target Levels:
First Target (TP1): ~$80.00 — near the top of the existing gap.
Second Target (TP2): ~$83.32 — the current All-Time High (ATH).
🛡 Trade Plan:
Entry idea: After a clean retest of the breakout level with supportive volume.
Stop-loss: Below the retest zone or under 50 SMA (~$72-74 area).
Invalidation: If price falls back below resistance on high volume.
Conclusion:
CARR shows a strong breakout setup after a Golden Cross. A confirmed retest with volume could open the door toward the gap fill and new all-time highs.
DYOR – This is not financial advice.
