HI guys! I think that CCIV is a buy now because we can see a 2 bottom formation, the MACD histogram is moving slowly in the positive side. Also, we can observe the Stochastic Momentum Index curving up and the volume is drying (bullish sign)
My targets are: 27$, 32$ , in a long run we may see the stock hitting 50 $ after we will exit the sideway movements (accumulation zone) and entering the markup.
Have a nice day and happy trading!
My targets are: 27$, 32$ , in a long run we may see the stock hitting 50 $ after we will exit the sideway movements (accumulation zone) and entering the markup.
Have a nice day and happy trading!