$CCI with a neutral outlook following its earnings #StocksThe PEAD projected a neutral outlook for NYSE:CCI after a negative under reaction following its earnings release placing the stock in drift D with an expected accuracy of 40%.
0I4W trade ideas
$CCI - big move but needs supportREITs showing a similar pattern before earnings…. Keeping an eye on them.
This just ran to its previous resistance. Tested it multiple times. It wants to break through.
Fibs channel shows plenty of space to swim from the 1week fib chart. At 4 hours, you see the indicator flashing bullish signs.
Not all REITs are alike. Some may move like this others have not.
But something is def happening in this sector
Box on $CCIThere is a nice box on the daily chart with the EMA ready to take the price.
An break lower would confirm the double top at $118 and will move the price lower.
CCI - 8 months HEAD & SHOULDERS══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
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Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
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⚠ DISCLAIMER ⚠
The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
CCI: some correction?A price action above 90.00 supports a bullish trend direction.
Increase long exposure for a break above 93.00.
The target price is set at 104.00 (almost the 23.6% Fibonacci retracement level).
The stop-loss is set at 85.00.
Might be bouncing off the lower range of the declining channel pattern.
Remains a risky trade.
Crown Castle closing of the JawsFor counter trend or trend continuation plays, I look for the closing of the "Jaws" or in the case of NYSE: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.
CCI is it ready for continuation in drop?CCI has experienced a significant drop but has managed to recover slightly. However, the recovery is not strong, and it appears to be forming a bear pullback/bear flag pattern. This pattern suggests that the upward movement is likely to be a temporary correction within the larger bearish trend.
A potential short position can be activated if the price breaks below the blue dotted line, indicating a continuation of the bearish trend. Traders may consider entering the short position just below the blue dotted line and the 20-day moving average (MA). To manage risk, a stop loss can be placed a few cents above the most recent high.
The relative strength index (RSI) has recovered to the middle level, but the moving average convergence divergence (MACD) is still below the zero line, indicating a bearish signal.
CCI - Not financial adviceHistory says buying the oversold RSI excursions on this name and only exiting on the first overbought RSI excursion (daily chart) produced favorable results greater than simple buying and holding over the same period of time (roughly 18 months).
Google says they are a real estate investment trust, they pay a dividend. Probably not a bad IDEA to consider a long here if you are thinking about buying this name already, the question of buying calls, selling cash covered puts, or just buying shares is up to you.
CROWN CASTLE Stock Chart Fibonacci Analysis 022823 Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 135/61.80%
CCI levelsCCI is attractive and interesting for me at 142s price. there have 50 MA levels also in a weekly timeframe this is a substantial level. also 50 and 200 MA are crossed at this point.
Found a good short oppPrice was just rejected off the important resistance previous support. It may try to test it again but there is too much resistance to the upside.
Continuation long setup on $CCI. Entry (AFTER) It break $141.77
Stop $135
Targets:$145,$150,$155.
Directions:
-Take small positions until you practice
enough to play these risky setups.
-Place your orders in the system , no "mind" stop loss . this is not trading.
Using Multi-Time Frame Analysis To Find Key Levels That MatterDo you find yourself drawing too many levels on your charts?
Do you struggle to know which levels that actually matter for trading decisions?
Do you wonder why price moves straight through some key levels and not others?
This video will show you how to analyse a stock using Multi-Timeframe Analysis techniques to find the key levels that actually matter for trading, and how to quickly find the most important levels where price is likely to react.
$CCI with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $CCI after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 50%.
$CCI with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $CCI after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 71.43%.
CCI: Potential 40 Percent Drop Next 2 Month Candle in 27 DaysHi Everyone! Simply wanted to point out if we have not begun to drop already some time during the current 2-Month candle with 27-Days remaining, we have fairly good odds of seeing a drop to the White Lower B-Band at Target #1 ($143.33). It's possible to drop to the Aqua Lower B-Band at $133.33. And yes, it is possible to continue dropping to the Orange Lower B-Band like September/October 2008. Which would be approximately a 40 percent drop. I know this sounds crazy but that's what I'm seeing this potentially falling to if the Green Line does not turn up soon. I will post other time frames shortly.
This "SHORT" is for NEXT 2-Month candle. I simply want to give everyone the heads up.
Stay Awesome!
David
Crown Castle International CCI Short Setup Decent risk/reward here on a CCI short with a stop just above local swing. Diamond reversal in play in a weakening sector.
Head and Shoulders/Calculating TargetsStrong stock and has broken neckline before and recovered swiftly. CCI has not broken the neckline again as of yet.
When I see a possible second shoulder that fails to beat the prior high, I always take a second look if that 3rd leg has obviously turned down for the time being. Plus the retracements are often deeper than a price retracement in a strong uptrend. If this happens, maybe look for a neckline which is usually at the 1st shoulder retracement. A neckline is not always straight across and can slope.
A Head & Shoulders is not valid until price breaks the neckline with a confirmed downtrend. The neckline can be very strong support until broken. Many would wait for a retest of the neckline to prove that it is now resistance before shorting this pattern.
I measure the head to the neckline and project it downward from the neckline. Then I apply fib levels. I use the .382, the .618 and the .786 for targets 1. I also factor in a 100% fall. Targets 2 are valid only if targets 2 are passed. These are only ballpark guesstimates and levels of support are paramount.
No recommendation.
Short percent low at 1.03%.
Weekly Chart
make or break it time! >.<CCI sitting at important levels on chart and RSI !
a break below trend support and we can target 177.51-166.28-155.05, a bonce off trend and we can look for 200-210 local resistance areas.
$CCI with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $CCI after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 50%.
$CCI with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $CCI after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 100%.
CCI has light at the end of this tunnelBased on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated BUY on February 18, 2022 with a closing price of 162.34.
If this instance is successful, that means the stock should rise to at least 171.32 which is the bottom of the larger green box. Three-quarters of all successful signals have the stock rise 15.282% from the signal closing price. This percentage is the bottom of the smaller green box. Half of all successful signals have the stock rise 18.349% which is the end point of the black dotted arrow. One-quarter of all successful signals have the stock rise 28.872% from the signal closing price which is the top of the smaller green box. The maximum rise on record would see a move to the top of the larger green box. These are the same concepts for the levels in the red boxes as well.
The ends/vertical sides of the boxes are determined in a similar fashion. The peak of the rise can occur as soon as the next trading bar after signal close, while the max rise occurs within the limit of study at 35 trading bars after the signal. A 1% rise must occur over the next 35 trading bars in order to be considered a success. Three-quarters of successful movement occur after at least 14 trading bars; half occur within 27 trading bars, and one-quarter require at least 31 trading bars.
The black dotted arrow represents median historical movement. Medians are a good metric, but they are just one of many I use when forecasting future movement.
As always, the stock could decline the very next bar after the signal without looking back (therefore the red boxes would not come into play) or the stock may never decline (and the green boxes may never come into play).
