CVC longer term view $1.70-$2.31?
Civic looks to be forming an ascending triangle .
It's either already bottomed, or should find support again in the $.22-.25 region. After that, I think we'll resume the uptrend with a final price target of $1.70-$2.31 sometime between July-September (however, I think most probable scenario is target will be hit in either July/August).
Key dates and support/resistance levels on the chart.
Price needs to close above .49 on higher timeframes for the bullish trend to resume.
View in log for longer term perspective.
It's either already bottomed, or should find support again in the $.22-.25 region. After that, I think we'll resume the uptrend with a final price target of $1.70-$2.31 sometime between July-September (however, I think most probable scenario is target will be hit in either July/August).
Key dates and support/resistance levels on the chart.
Price needs to close above .49 on higher timeframes for the bullish trend to resume.
View in log for longer term perspective.
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