CRC – CALIFORNIA RESOURCES CORPORATION
DISCLOSURE: HOLDING DEC 21, 2018 26 CALLS CRC could be making a low around 24-25 after taking a hard hit alongside OIL, /CL down 20 points and CRC down 50% from its current highs. Today Friday I took a position on CRC buying Dec 21 $26 calls for 2.80 will hold position until we hit $30 .618 Fibonacci stands at $40.00 MA 50 stands at $36 MA 200 stands at $31 (PT for this position) Watch trend over/under EMA 9 Disclaimer: I’m not a financial advisor, this is blog designed for informational and entertainment purposes only, and doesn’t recommend reader to buy or sell any of these securities, written could be buying or selling these stocks at any point. This blog may include technical analysis, research from recent news, chart information, and earnings report, that are for educational purposes only.