Civic (CVC)

On the above 4-day chart price action has corrected 90% since the sell signal in February 2021. A number of reasons now exist to be long, including:

1) You know why..

2) Price action and RSI resistance breakouts.

3) Strong positive oscillator divergence with price action. Multiple oscillators currently print bullish divergence with price action over 136 days.

4) Point (3) prints on the golden ratio, which is also past support. Look left.

Is it possible price action corrects further? Sure.
Is it probable? no.

Ww

Type: trade
Risk: 6%
Timeframe: 1-2 weeks to open
Return: will say somewhere else

עסקה פעילה:

When I say 'This would be an excellent moment', it is not hyperbole.

If my hints get any heavier I'll flatten my feet.

הערה:

on support

עסקה פעילה:

Support confirmed.

Special notice to P's... we've just discussed this, you know what happens next.

הפקודה בוטלה:

Will close this one for the moment. Market structure appears to have broken.

Should price action recover to 0.085 and above, structure held, otherwise...

עסקה פעילה:

Price action recovered. GRM support confirmed.

הערה:

Past resistance confirms support. Don't be a seller, it'll hurt.

הערה:

Which one of you tried to sell into momentum? Fess up...

הערה:

now

עסקה פעילה:

If a seller will give it to your at 0.1275, take it. The next stop 200% above at 40 cents.

הערה:

Warm thanks to the sellers per last update, up 110% since then.

הערה:

scalping opportunity
170% in six days


1hr

הערה:

Did you close the scalp?

עסקה פעילה