CPI Card Group(US:PMTS) zacks.comยท2024-05-17 14:56Group 1 - CPI Card Group Inc. (PMTS) has reached a key level of support and recently experienced a "golden cross," where its 50-day simple moving average crossed above its 200-day simple moving average, indicating a potential bullish breakout [1] - The golden cross pattern consists of three stages: a downtrend that bottoms out, the shorter moving average crossing above the longer moving average, and the stock continuing to rise [2] - PMTS has moved 45.9% higher over the last four weeks and currently holds a 2 (Buy) rating on the Zacks Rank, supported by positive earnings outlook with two upward revisions in the past 60 days [3] Group 2 - Investors are encouraged to monitor PMTS for potential gains due to its key technical level and favorable earnings estimate revisions [4]