CCI is a very speculative earnings play. It seems forming a pennant formation. we think with the earnings it will breakdown.
Trade Criteria Date first found - January 13, 2017 Entry Target Criteria- $82.50 or $85 Feb-17 Put options Exit Target Criteria- $77 Stop Loss Criteria- N/A Trade Status: Pending
(Note: Trade update is delayed here.)
コメント
Relevant Updates: January 31st- Still trading within the triangle formation, waiting for a breakdown. January 27th- Nice decline below EMA lines, Looking good as short. Waiting for breakdown to entry price. January 26th- reported impressive financial results, With the result price went up as high as 3.40% however closed bearish. January 25th- Traded close to upper resistance but closed bearish. Waiting for Earnings news. January 24th- Consolidation seems broken to the upside, however still below Resistance label. Never hit entry criteria. Earnings tomorrow after market close. January 19th- Nice decline from the resistance, but yet to hit entry. But looking good as short. January 18th- Tested the resistance & closed bearish. Looking good as short.
コメント
February 6th- Declined back to Consolidation area, waiting for a breakdown. February 3rd- Seems the consolidation broken to the upside. Keeping in the watchlist if it's a fake-out. February 2nd - Still trading within the triangle formation, waiting for a breakdown to meet entry criteria.