CREE breached $26.5 and $26 on a closing basis, the next support i $24, from where, if the market rises, I think a bounce to the $26, maybe even a tad above to attempt partial closing of the gap, but probably not for some time. If $24 is breached on a closing basis, there is a gap from August to around $20.5 or so that need to be closed....If there is a rapid downmove to $24, I may try it again, if it gets there creepingly as the market advances, there are probably better target trades for now.
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