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Trade idea for Crown Castle International Corp. (NYSE)

14.02.2022

Market Review

#CCI

The general trend is ascendant. The descendant wave structure is truncated. Awesome Oscillator indicates bullish divergence. The mirror level 166.90 restrains sellers.

Trade idea:

Buy when the ascendant wave structure forms, where a wave (A) breaches through the inclined channel of the descendant truncated structure.

Stop-loss below the mirror level — 166.90.

Target levels: 189.30; 208.00.

Author: GC
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