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Crown Castle International Corp. (NYSE)

20.01.2022

Market Review

#CCI

The general trend is ascendant. The descendant wave structure is truncated. Awesome Oscillator indicates bullish divergence and Stochastic oscillator shows oversold conditions. Mirror level 181.40 restrains sellers. The inclined channel of descending wave structure is pierced.

Trade idea:

Buy when level surpasses 186.40.

Stop Loss below mirror level – 181.40.

Target levels: 192.50; 208.00.

Author: GC
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