CVC - Looking Mighty Attractive!

CIVIC's 4-hr chart is currently catching support on the MA200 and is squeezing the price against overhead resistance. If support can hold, be on the lookout for a break to the upside. The MACD also has zero-line support and a supporting trend so the support is there. If we break through the pink trend, look for the price to find resistance at the blue trend or any of the white resistance levels. We also have a inverse head and shoulders pattern in effect. If we break the .0000061 level (which is the neckline), look for the upper target level for the IHS target. If we break through the MA200 support level, I'll be looking for the price to hit support around the .00000037 area before retesting the pink resistance trend.


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