Civic (CVC)

On the above 4-day chart price action has corrected 90% since the sell signal in February 2021. A number of reasons now exist to be long, including:

1) You know why..

2) Price action and RSI resistance breakouts.

3) Strong positive oscillator divergence with price action. Multiple oscillators currently print bullish divergence with price action over 136 days.

4) Point (3) prints on the golden ratio, which is also past support. Look left.

Is it possible price action corrects further? Sure.
Is it probable? no.

Ww

Type: trade
Risk: 6%
Timeframe: 1-2 weeks to open
Return: will say somewhere else

Trade active:

When I say 'This would be an excellent moment', it is not hyperbole.

If my hints get any heavier I'll flatten my feet.

Comment:

on support

Trade active:

Support confirmed.

Special notice to P's... we've just discussed this, you know what happens next.

Order cancelled:

Will close this one for the moment. Market structure appears to have broken.

Should price action recover to 0.085 and above, structure held, otherwise...

Trade active:

Price action recovered. GRM support confirmed.

Comment:

Past resistance confirms support. Don't be a seller, it'll hurt.

Comment:

Which one of you tried to sell into momentum? Fess up...

Comment:

now

Trade active:

If a seller will give it to your at 0.1275, take it. The next stop 200% above at 40 cents.

Comment:

Warm thanks to the sellers per last update, up 110% since then.

Comment:

scalping opportunity
170% in six days


1hr

Comment:

Did you close the scalp?

Trade active