How the (CCI) price action is used to our Advantage
June 20, 2024, 11:22 am ET, BY Rolland S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for CCI
- Buy CCI slightly over 91.33 target 101.21 stop loss @ 91.07 Details
The technical summary data tells us to buy CCI near 91.33 with an upside target of 101.21. This data also tells us to set a stop loss @ 91.07 to protect against excessive loss in case the stock begins to move against the trade. 91.33 is the first level of support below 95.63 , and by rule, any test of support is a buy signal. In this case, support 91.33 would be being tested, so a buy signal would exist.
- Short CCI slightly under 101.21, target 91.33, stop loss @ 101.5 Details
The technical summary data is suggesting a short of CCI as it gets near 101.21 with a downside target of 91.33. We should have a stop loss in place at 101.5though. 101.21 is the first level of resistance above 95.63, and by rule, any test of resistance is a short signal. In this case, if resistance 101.21 is being tested, so a short signal would exist.
Swing Trading Plans for CCI
- Buy CCI slightly over 97.42, target 101.21, Stop Loss @ 97.14 Details
If 97.42 begins to break higher, the technical summary data tells us to buy CCI just slightly over 97.42, with an upside target of 101.21. The data also tells us to set a stop loss @ 97.14 in case the stock turns against the trade. 97.42 is the first level of resistance above 95.63, and by rule, any break above resistance is a buy signal. In this case, 97.42, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short CCI slightly near 97.42, target 95.59, Stop Loss @ 97.7. Details
The technical summary data is suggesting a short of CCI if it tests 97.42 with a downside target of 95.59. We should have a stop loss in place at 97.7 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 97.42, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for CCI
- Buy CCI slightly over 96.57, target 97.42, Stop Loss @ 96.34 Details
If 96.57 begins to break higher, the technical summary data tells us to buy CCI just slightly over 96.57, with an upside target of 97.42. The data also tells us to set a stop loss @ 96.34 in case the stock turns against the trade. 96.57 is the first level of resistance above 95.63, and by rule, any break above resistance is a buy signal. In this case, 96.57, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short CCI slightly near 96.57, target 95.59, Stop Loss @ 96.8. Details
The technical summary data is suggesting a short of CCI if it tests 96.57 with a downside target of 95.59. We should have a stop loss in place at 96.8 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 96.57, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Crown Castle Inc. (CCI) available here: CCI.
CCI Ratings for June 20:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Neutral |
Neutral |
| P1 |
0 |
0 |
91.33 |
| P2 |
95.34 |
95.59 |
101.21 |
| P3 |
96.57 |
97.42 |
110.91 |
AI Generated Signals for CCI
Blue = Current Price
Red= Resistance
Green = Support
Real Time Updates for Repeat Institutional Readers:
Instructions:Click the Get Real Time Updates button below.
In the login prompt, select forgot username
Type the email you use for Factset
Use the user/pass you receive to login
You will have 24/7 access to real time updates.
From then on you can just click to get the real time update whenever you want.
GET REAL TIME UPDATES
Our Market Crash Leading Indicator isEvitar Corte.
Evitar Corte warned of market crash risk four times since 2000.
It identified the Internet Debacle before it happened.
It identified the Credit Crisis before it happened.
It identified the Corona Crash too.
See what Evitar Corte is Saying Now.
Get Notified When our Ratings Change:Take a Trial
Our job as #investors is to pay attention to the #stocks we own. Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The Crown Castle Inc. (NYSE: CCI) data table below can help you with price action, and we have more details too. Trading plans for CCI are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for CCI:
pool ads
