Bullish On CVI until trend line break occurs .

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Bullish On CVI until trend line break occurs .CVR Energy Inc.NYSE:CVItymaloneyHolding a bullish bias as long as price respects the weekly ascending trendline and maintains the current higher-high / higher-low market structure. Price recently bounced off the 50 EMA after earnings, adding confidence. Entry Ideas Entry 1: Daily close above 0.786 fib Stop: Below previous swing low TP: 1.0 fib, then 1.618 fib Entry 2: Weekly close above 42 Stop: Weekly close below 1.0 fib TP: 1.618 fib, then $58 Invalidation Bullish thesis invalid on a weekly trendline break. If that happens, I’ll look for potential shorts toward the 0.236 fib zone. Not financial advice ....just my personal technical outlook. Bare with me I'm new to this but think this is a solid trade idea.