For now, CCIV looks like it's recovering Long

Description

⋅ Mar 18, 2021 2:29 AM

Good short term bullish support with resistance around $33.

⋅ Mar 18, 2021 5:57 PM

ah perfect, last time I drew a trendline, it was broken. CCIV lookin for support now.

Comments

waterbarry

⋅ Mar 18, 2021 6:16 PM

Haha..... was very excited about this analysis as well. Hope it finds support soon!

amfunk

⋅ Mar 18, 2021 6:52 PM

@waterbarry, yea LOL lately I haven't been acting on any supports since I got burned on the last dip. Waiting this one out.

waterbarry

⋅ Mar 18, 2021 6:54 PM

@Dienda88, whoops... I'm very long though and have been adding leaps on the dips. This was a good one today though.

amfunk

⋅ Mar 18, 2021 6:56 PM

@waterbarry, yea selling puts or buying leaps is a no brainer on this one. Until the merger happens

srp192

⋅ Mar 19, 2021 5:38 AM

seems like 32 was the resistance and got rejected, I really regret not selling when I was up 15%