adolphus53

What are cranes made of? Cranium! (3)

Short
NYSE:CR   Crane Company
This stock is a slow but steady grinder, its completed multiple abcd patterns to the upside. Its had a great bounce after the big market selloff but i am not sure its ready to go higher just yet.

Timing = 1 ( The market is stretched and i expect downside coming soon)
Volume = 0 ( The volume is looks neutral on this one )
Group strength = 1 (Industrials looks weak so far this year)
Entry = 0 ( I think this entry is ok (not great) , its near a area of resistance 90 $ mark)
Fractal = 1 (fractals do support breakdown at this time)