Long
CRO - $0.6392
CRO is currently trading above the support zone of $0.1695. It was in an accumulation zone for almost 4 months after breaking the support of $$0.1451. Once it broke out of this accumulation and cleared the Support turned Resistance, we saw an impressive move. As long as it is above this support zone of $0.1695, we could start seeing a move towards $0.2175, $0.2398, $0.2620. If it can close above the previous weeks high of $0.2620, we could see a bigger move towards $0.2937, $0.3340, $0.4506 and $0.6392. Failure to hold the support at $0.1695 could lead to a drop towards $0.1550 and $0.1451.
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