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matt.sulli42
10 Nov 2016 pukul 07.24

CRC: Buying opportunity after a pullback Panjang

California Resources CorporationNYSE

Huraian

It's not hard not make money with CRC, even without a roundlot. In this case, price is ABOVE the .25 of the previous trend, suggesting an end to the downward wave. A pullback to the .618 would be preferable, particuarly given short interest, but with price above the 50/100/200 MAs I would buy around the 100 MA (11.92). If it sinks lower, just cover using fib numbers until the trend reverses.
Lebih