I don't have trust in any energy stocks these days...
CRC is no exception. Most indicators are showing it in the next few weeks tanking with or without the rest of the SPY.
I'm assuming the price will drop and recover from the support at 1.76 and bounce back. Hopefully it will pass the mid-median parallel of the pitchfork and continue to the .786 or .618 resistance levels.
CRC is no exception. Most indicators are showing it in the next few weeks tanking with or without the rest of the SPY.
I'm assuming the price will drop and recover from the support at 1.76 and bounce back. Hopefully it will pass the mid-median parallel of the pitchfork and continue to the .786 or .618 resistance levels.
Trade closed manually:
First day did go in my favor, but didn't hit my profit-taker. Since the stop target wasn't reached until after my timeline, I'd consider this a draw