CCO dips then rises ahead of earnings LONG
Clear channels is in the TV network subscription package and distribution business; It's earnings
approach on Monday Feb 26th. On the 15 minute chart, in the past week it dipped to pick up
buying interest and then responded with a good rise into the finish of the trading week. On
the chart are various signs of bullish momentum including buying volume spikes, golden crosses
of the pair of Hull Moving Averages, the confirmatory reversal of the Price Volume Trend
and a squeeze release on that indicator. I will take a long trade here. The strike $ 2.00 for
March 15th did 300% on Friday the 23th. I picked up some at $10 per contract.
( If you wonder what screener & its setting I used to find CCO, like this idea and send me
a private message please)
approach on Monday Feb 26th. On the 15 minute chart, in the past week it dipped to pick up
buying interest and then responded with a good rise into the finish of the trading week. On
the chart are various signs of bullish momentum including buying volume spikes, golden crosses
of the pair of Hull Moving Averages, the confirmatory reversal of the Price Volume Trend
and a squeeze release on that indicator. I will take a long trade here. The strike $ 2.00 for
March 15th did 300% on Friday the 23th. I picked up some at $10 per contract.
( If you wonder what screener & its setting I used to find CCO, like this idea and send me
a private message please)
Trade closed: target reached:
It was fast and furious might get back in after the fade.
