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ChrisPtaco_32
Jun 16, 2020 9:56 PM

CCI - Bearish Wedge 

Crown Castle Inc.NYSE

Description

I think Crown Castle is absolutely a long term hold and a buy especially considering the infrastructure needed to build the 5G network.

It looks like it is forming a bearish wedge but is staying within the trendlines. We had a break of the high and it tested the trendline twice before it retracted. Overall, the MACD and RSI divergence does not look too great to me. I am looking for the 168.75 level to hold as support. We'll see what happens.

Not financial advice. Trade at your own risk. Good Luck!
Comments
MinaCordier
Good concept ,,,, it’s very need to know for us.
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