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CRO short term TA, page-486

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    I've done some TA on CRO on the daily chart and have come up with the below.

    Full disclosure - I bought CRO at 1.1 and sold at 1.4 way back on the last break. I've been watching for an entry since. I missed the breakout today playing with CCR and exited ESH. My ramblings below.

    Entry points:

    a) Wait to see if it tests support at 4.3 (doubtful - very bullish after breaking out on the Daily today)
    b) At 5.0 which if this price holds, will see a run up to close the gap at 5.6 and hit a supply channel starting at 6.0

    There will be some volatility between 6.0 and 8.0 due to historical supply - but nothing CRO can't push through.

    Once through 8.0 it's a thin run up to the ATH at 9.2c then it's game on for this beast in the fintech space.

    Very bullish.

    https://hotcopper.com.au/data/attachments/2604/2604859-5b391d82968712a8c27f829ce13f8fdf.jpg
    Last edited by Pabloasxcobar: 29/10/20
 
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