In the low interest rate, post covid environment,
CCP
is enjoying the perfect environment to borrow cheap money to buy debt from major finance player.
Looking at the price action, it typically took time to consolidate within a 8-10% range for 2 months and would leverage the next catalyst to breakout. The next level of resistance is just above $34 and look at hitting pre-covid price of $37
CCP
is enjoying the perfect environment to borrow cheap money to buy debt from major finance player. Looking at the price action, it typically took time to consolidate within a 8-10% range for 2 months and would leverage the next catalyst to breakout. The next level of resistance is just above $34 and look at hitting pre-covid price of $37
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