adolphus53

What are cranes made of? Cranium! (3)

Short
NYSE:CR   Crane Company
This stock is a slow but steady grinder, its completed multiple abcd patterns to the upside. Its had a great bounce after the big market selloff but i am not sure its ready to go higher just yet.

Timing = 1 ( The market is stretched and i expect downside coming soon)
Volume = 0 ( The volume is looks neutral on this one )
Group strength = 1 (Industrials looks weak so far this year)
Entry = 0 ( I think this entry is ok (not great) , its near a area of resistance 90 $ mark)
Fractal = 1 (fractals do support breakdown at this time)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.