Crown Castle Inc. (CCI) - SK Sequence Strategy AnalysisTrading the Sequence Setup:
Entry Zone:
Buying near the WCL zone ($98–$105) provides a favorable risk-reward opportunity, following the sequence structure.
Stop Loss:
Place stops below $95 to protect against a breakdown in the sequence.
Profit Targets:
T1: $148 (1.618 Fib extension)
T2: $155 (1.809 Fib extension)
T3: $161 (2.0 Fib extension)
Invalidation:
A breakdown below the WCL zone and $95 invalidates the upward sequence, potentially targeting $90 or lower levels.