Potential Pull Back but Longterm Growth for CCICCI looks attractive due to market segment and potential inflation. If there is no tapering CCI can still grow. Target price 275 next 18 month.
CCI trade ideas
Pull Back FishingAppears to be trading in a butterfly, which is a harmonic pattern.
XA is the impulse leg, and D would be at 1.27 extension of the XA leg. If indeed this is a butterfly, it is considered a reversal pattern. So there has to be a trend one way or the other to reverse. There is also a bearish butterfly that looks like a crooked W.
Not a recommendation
There is often volatility at the landing pad.
Weekly bull flagThis closed really strong and weekly bull flag. On watch for breakout, if market cooperates this can make a new ATH
Ramp up with the rest of the 5G playsIt looks like CCI is beginning to turn. It's been pulled down with the rest of the REITs due to interest rate action but this is not as much of a headwind as people think.
The chart looks very similar to the end of 2019. The price action seems similar as well. The stock keeps bouncing off the fibs pretty decisively. I think you see a continued move up through 170 and a breakout to new highs.
A breakdown below the 148 fib level likely means a fall to support at 135-140.
Crown Castle CCI. w48 2020. Open 147Monthly
uptrend
From 2009
Weekly
Uptrend with divergency by RSI
D aily
I will open only from 140
SL 129
TP 170
RR 2.2
CCI Bullish SwingTradingview is rating CCI a "strong buy". What I see is great bullish momentum which led to a close at the high of the week. It has ripped all throughout the week. CCI has been reliably bullish for many months now, showing a strong uptrend. Technical indicators are showing great momentum upwards.
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$CCI posting a disappointing earnings$CCI posted less than expected earning but still the PEAD is projecting a neutral outlook for the price, With price currently trading around the median line.
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Crown Castle, as both a REIT and 5G play looks ready to moveCrown Castle is first a REIT and then a 5G play. The industry is ramping up infrastructure and will do well in the years following as the tower provider leases more and more capacity to the new 5G rollout. Given the surge in Work From Home (WFH) as well as continued advances in technology, 5G will be the mainstay in just a couple of short years. This will empower the engine of revenue growth for this company as well as the earnings and dividends. I'm looking for a consistent move upward over the next 5-7 years from this.
#CCI #5G #REIT
NYSE:CCI
CCI LongI am very bullish on this stock due to it being a major 5G stock. There is a resistance level at $175 and if the stock can breakout of this level then it can reach a target price of $220
Since the March lows it has increased back to pre Covid levels ( common to most tech stocks ) and is currently in a consolidation period in a bullish wedge. If it breaks out of the wedge bullish then i expect to see it reach $220 later this year.
Update CCi (Re-Buy), Target is GoingCCi has a good "Cup and Handle" model but has been continuously delayed due to bad market, now it is back and continues to search for target $220
CCi buy when : $167
Target : $220
Stop loss : $155
Wish you good deals!
Ascending TriangleEarnings in October/ I plan to go Long after resistance of upper trendline is broken with confidence/has broken once/After upper trend line is broken, this will become possible support. I am Neutral until breaks out of pattern..unless it breaks down and I catch it on the pull back (o:
CCI has pierced upper trendline once and hit 180ish
Monthly and weekly candles are both red shooting stars. I plan to proceed with caution. 5g is hot so things can change in a heartbeat! She may break out at anytime I suppose
Triangle sits at 147.5 and 155 on the up sloping bottom trend line. Upper trendline is at 176.86 (Resistance that must be broken)
Price must break the resistance line of the A Triangle with confidence Strong support noted at 161 to 164ish
Ascending Triangle often means a move up. But on occasion, a move down. There is such a thing as a Busted Ascending Triangle. A break up is more likely when price is above the 200 ma. CCI is abover the 200 daily ma
Bulkowski has a lot of free education available online. During his studies, he states 63% of the time, an ascending triangle will break up
It is a period of accumulation and is a continuation pattern so an uptrend needs to proceed it. I should be all over this but am gonna watch it.
Stock dipped out of most recent rising wedge on Friday/Pierced bottom trend line of rising wedge
Trade safely
Crown Castle is expensive P/E 96.41 (very high)
Forward P/E 59.56
Dividend 2.88
Current Ratio 0.5
Debt/Eq 1.85
EPS this Y +45.7%
Gross Margin +66%
Profit Margin +12.9%
$CCI Crown Castle 5G trade
Yet another 5G company ready to make a major move and earnings
may be the catalyst.
Indicators are in bullish reversal
Moving averages strong support.
Volume increasing
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CCI - Triple Top - SHORT Break of trendline. Will be looking for a 15 cent entry below the open on Friday ($166.26). Short term hold due to earnings. Super nice target if it gives way. WILL AVOID if it gaps down too much on Monday's open.
Crown Castle (CCI) short.All description on the chart.
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Thank you.
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 BUY (OR LONG CCI ) TP UP TO $.220Good pattern of CCI has confirmed : "Cup And Handle"
Buy CCI : $.170 - $.172
Target CCI : $.220
Stop loss CCI : $.162
Happy to you !
