CCL is currently in descending wedge and heading towards upper trend line. If the price can break out of the wedge above $24, could propel the stock towards maximum break out target area of $32.
There is a risk that the price could be rejected from the upper trend line and retest $19 area.
Target 1 - $22
Target 2 - $25
Target 3 - $32
Risk - Failure to break above $23 and retest $19 area.
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How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.
There is a risk that the price could be rejected from the upper trend line and retest $19 area.
Target 1 - $22
Target 2 - $25
Target 3 - $32
Risk - Failure to break above $23 and retest $19 area.
———————————————————
How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.
I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.