showstopper

High probability long setup CZZ

Long
NYSE:CZZ   None
Bull case:
  • Reversed right at horizontal long term support.
    200dma bounce.
    Above avg volume on the bounce showing buyers are finding current price attractive.
    Printing higher low on the current bounce.

Immediate resistance at DTL around 9.70-9.80 after which it will be a definite trend change.
Can buy at current prices with stop just under 9.30.

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.