I see this current pattern completing an inverted curve until it reaches its support line of 1.28, after which time we can expect to see a much anticipated uptrend. Earnings call has been delayed until June due to Covid. Hope in at 1.28 and ride!
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Today we have fallen to the 1.28 line, and bounced right up very strong! This is a BUY!!!!
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As expected we saw this continue to dip to 1.28 and then off to the races with crude prices... My current estimation for CRC... expect nothing less than $3.50