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March 18, 2024 @ 10:04 AM
NYSE:CARR

Carrier Global Corporation (Ticker: CARR) is a leading provider of heating, ventilation, air conditioning, and refrigeration solutions. They offer a wide range of products and services that ensure efficient and sustainable temperature control in residential, commercial, and industrial settings.

In recent market activity, CARR stock has formed a solid long-term base. This indicates a period of consolidation and stability, which can often precede a potential upward move. The stock's ability to hold this base suggests underlying strength and positive investor sentiment.

Furthermore, it is worth noting that above the 60 level, the bias for CARR stock is higher. This means that if the stock manages to break and sustain above the 60 level, it could signal a shift towards a more bullish outlook. Traders and investors should closely monitor the stock's price action around this level for potential buying opportunities.

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