A key Double Bottom has formed on CCI. Analyze the breakout level now.
Reversal pattern after a downtrend.
CCI is showing interesting structural developments at $82.05. Price has moved to $82.05 (-4.34%) amidst recent volatility. Price action has carved out a classic Double Bottom. Volume is strong (1.69x avg) with moderate trend strength (35.9). A potential breakout level is identified at $93.97, targeting $106.12 with support near $87.9 (R:R 2.0).
What is your outlook on CCI?