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Bouncesetup

CCOI Fast Bounce Setup | 19.62 → 20.60(+5%) CCOI just printed the highest monthly volume in its entire history since IPO 🔥 This type of volume spike often signals a short-term reversal or momentum bounce. RSI Behavior 🔍 Across the daily, weekly, and monthly intervals, RSI has shown a repeated pattern of bouncing 10%–100% after oversold conditions. Based on this history, a 5% bounce from here is completely reasonable and aligned with previous cycles 🎯📉➡️📈 Fundamentals 📊 Revenue forecasts are improving and gradually compensating for weaker past years. This supports the upside even during a downtrend. Risk Note ⚠️ Catching profit in a downtrend is always aggressive. But the volume structure + RSI behaviour build a strong short-term case. As always, we only select stocks with predicted revenue growth, that are oversold, and that show a repeated behavioural pattern in similar conditions. Our strategy is not based on one fixed formula for all stocks. Each symbol has its own unique pattern that repeats historically, and we focus only on that repeated behaviour. This is why every setup is different — it must match the stock’s own history. 🔍📈
NASDAQ:CCOILong
by ali-lavin
Updated
33

Select market data provided by ICE Data Services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.Copyright © 2025, American Bankers Association. CUSIP Database provided by FactSet Research Systems Inc. All rights reserved. SEC fillings and other documents provided by Quartr.© 2025 TradingView, Inc.

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