It looks like CCI is beginning to turn. It's been pulled down with the rest of the REITs due to interest rate action but this is not as much of a headwind as people think.
The chart looks very similar to the end of 2019. The price action seems similar as well. The stock keeps bouncing off the fibs pretty decisively. I think you see a continued move up through 170 and a breakout to new highs.
A breakdown below the 148 fib level likely means a fall to support at 135-140.
The chart looks very similar to the end of 2019. The price action seems similar as well. The stock keeps bouncing off the fibs pretty decisively. I think you see a continued move up through 170 and a breakout to new highs.
A breakdown below the 148 fib level likely means a fall to support at 135-140.