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Crown Castle Inc. (NYSE) Analysis, Chart, and Trading Idea

14.04.2023

Market Review

#CCI
 



The trend is descending. The stock is traded in the range between 365 and 135 ЕМА on the Н1 timeframe. The ascending truncated wave structure finished with the breach of the sloping channel. There is a bearish divergence on the Awesome Oscillator, and the bearish divergence on the Stochastic Oscillator too.




Trading idea:

Buy at the breach of 132.80

Stop-loss: 136.20

Target price levels: 128.10, 125.70

Author: GC
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