CD Projekt Red was trading perfectly in the downwards channel.
Interesting spot will be at ~141 PLN. Intersection + Support Level.
Major bounce back possible:
Interesting spot will be at ~141 PLN. Intersection + Support Level.
Major bounce back possible:
- Earnings at 22nd April will be best earnings of company's history
- Short Interest is currently very high (51%). When shorts get covered there will be a big impulse.
- Cyberpunk DLCs and addons in the making
- Possible Multiplayer of Cyberpunk
- Witcher Franchise gets extended
Note
Clear breakout from the downwards channel with green day candle!-> Turnaround is initiated in my opinion.
-> Will open up long position.
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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.