Crown Castle closing of the Jaws

2023년 6월 5일

For counter trend or trend continuation plays, I look for the closing of the "Jaws" or in the case of CCI, the Megalodon. The entry has to be backed up by rising volume.
As a general rule:
1. the higher the angle of attack, the stronger the move
2. preferrably a parabolic curve (as this indicates that price has undergone prior development between bulls and bears)

On higher timeframes, the chart here is in a clear down trend so there is a fair probability that this could end up as a bull trap. The play here is to get in early and secure a good position such that if price does breaks down, the opportunity to exit with a profit or breakeven is available.

2023년 6월 22일

매매 수동청산

Closed. Unforunately jaws couldn't close and sentiment has started to become negative