CVC long term 3hr chart showing downward trend with possible reversal signs. Signs indicate a possible breakout upwards, over long term. Will still continue it's downward trend, with even possible lowers first. Look for buy signs of double bottom and or trend patterns.
Short term, will be short. Long term, looking for a bounce back to a 50% retracement level of previous high. If breakout below trendline, institutional failure possible, watch for over correction.