Long
$CCIV Long term hold
CCIV showed promising strength and consolidation despite the market downturn last week. On Friday, when stocks were either red or flat, CCIV managed to print higher lows off of this 5 wave correction. Call to put ratio volume was incredibly bullish at option strikes 31c and above last Friday 2/26/21. This entire setup will be invalidated if CCIV goes under 26.68
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.