NASDAQ:CCIX - Nasdaq - KYG213011094 - Common Stock - Currency: USD
Taking everything into account, CCIX scores 6 out of 10 in our technical rating. Although CCIX is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, CCIX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 10.58. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.56, a Stop Loss order could be placed below this zone.
9.90
2 important support areas can be observed.
We found 1 important resistance area.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
10.62 | 10.44 | 0.18 (1.69%) | 25.00% |
An entry @10.62. This is a Buy Stop order right above the resistance zone. | An exit @10.44. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.18 points, which is 1.69%. | For a 0.42% total portfolio risk, you can invest 25.00% of your capital in this trade. |
NASDAQ:CCIX (3/7/2025, 8:10:36 PM)
10.57
0 (0%)