NYSE:CZZ in play for the swing.
Duration:
Anticipating 3-5 month hold towards 14.4
Technical View:
Bullish above 9.27, with mid range resistance at 11.9 and top of channel resistance at 14.4.
Fundamental View:
Really like their financials '14-'17, with the additional leverage they've put against themselves in '17 and the expected slump in '18 from the changes we should see new alltime highs to follow over the next 1-2 years.
Economic View:
We need to remember that oil has could have massive market fluctuations in the coming years as many are working towards totally exiting out of the use of fossil fuels by 2027 (seeming optimistic but we will see what happens)
Key levels CZZ: 9.27, 14.4
Duration:
Anticipating 3-5 month hold towards 14.4
Technical View:
Bullish above 9.27, with mid range resistance at 11.9 and top of channel resistance at 14.4.
Fundamental View:
Really like their financials '14-'17, with the additional leverage they've put against themselves in '17 and the expected slump in '18 from the changes we should see new alltime highs to follow over the next 1-2 years.
Economic View:
We need to remember that oil has could have massive market fluctuations in the coming years as many are working towards totally exiting out of the use of fossil fuels by 2027 (seeming optimistic but we will see what happens)
Key levels CZZ: 9.27, 14.4