Short
CCIV Bullish if forms support.
Updated
If CCIV creates support at this previous 52 week high, it believe it will break out to $40+.
There is also a double top formation signifying a loss in momentum, and if trend breaks the current support level, it could possibly fall below 30$.
There is also a double top formation signifying a loss in momentum, and if trend breaks the current support level, it could possibly fall below 30$.
Note
So far is it forming support at the previous high! Very good news for CCIV could be seeing 40+ in the near future.Note
BANGGGNote
I see it coming back down to about 40$, and once the merger is official I think 75$ and UP is very likely. I personally will be purchasing more shares once the price drops.
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