Trade idea for Crown Castle International Corp. (NYSE)

#CCI

The trend is descendant. The security is fluctuating between 365 and 135 moving averages. The ascendant wave structure is truncated. Awesome Oscillator indicates bearish divergence.

Trade idea: 

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

Stop-loss — 180.00.

Target levels: 160.00; 156.30.