CCI - Bearish WedgeI think Crown Castle is absolutely a long term hold and a buy especially considering the infrastructure needed to build the 5G network.
It looks like it is forming a bearish wedge but is staying within the trendlines. We had a break of the high and it tested the trendline twice before it retracted. Overall, the MACD and RSI divergence does not look too great to me. I am looking for the 168.75 level to hold as support. We'll see what happens.
Not financial advice. Trade at your own risk. Good Luck!
CCI trade ideas
CCI TARGET 200 USDCCI broke support, then retraced to the previous support line, which is now resistance and is now set to rise to the next fibonacci of 203. Here we go!
CCI rompió soporte, luego throwback hasta la línea de soporte anterior, que ahora es resistencia y ahora se dispone a subir hasta el próximo fibonacci de 203. Allá vamos!
BUY CROWN CASTEL INTERNATIONALHey traders, **DISCLAIMER** content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. CROWN CASTEL INTERNATIONAL is very interesting, the sellers are forced back with a strong probability of a braekout for a sharp rise ...
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CCI - Weekly Mean Reversion - Bull PutW RSI <20 recently (9th Sept) &
PA consolidating around 136
Looking for Reversal to Mean higher.
Taking 135/130 Bull Put Spread.
Also picked up 140 Call for Directional Bias Higher.
Nov Exp but aiming to Close in profit well before that...
Good Luck - Watch your $$$ RISK
Crown Castle A safe Haven in troubled times. Company profile
Crown Castle International Corp. is a real estate investment trust company, which engages in the provision of access to wireless infrastructure via long-term contacts. It operates through the following segments: Towers and Fiber. The Towers segment offers access, including space or capacity towers dispersed throughout the United States. The Fiber segment covers access, including space or capacity of fiber primarily supporting small cell networks and fiber solutions. The company was founded by Ted B. Miller Jr. and Edward C. Hutcheson Jr. in 1994 and is headquartered in Houston, TX.
CCI 19.09.19 LongAsset and Time frame -4H,CCI
Entry Price -140.60
Exit(Stop Loss) -138.98
Exit(Take Profit) -146.84
The range between SL and entry - 1.62$
Technical Analysis -1H chart broke a confirmed trend line with good momentum,the price was able to reach overbought status on RSI(Not strongly)now the price action retest the 1H 61.8 Fibonacci level with a good candle pattern.
What can be improved -
Conclusion & End of Trade -