Is Corpay Poised For More Bullish Momentum Ahead?

Corpay (NYSE:CPAY) is currently in Phase 2 of its 18 Adhishthana cycle on the weekly charts. After reporting strong results on 5 November, the stock has been trading with strong bullishness, rallying sharply by ~20%. Let us break down why this rally is occurring now and what the cycle suggests about the road ahead.Understanding Corpay Stock's Phase 2Under the Adhishthana Principles, Phase 2 is divided into two distinct segments. The first is the Move of Sankhya, a period where the underlying typically decli ...