CCIV LONG

CCIV chart setting up nicely on the daily for a run up to the ticker change on 23rd July. Daily chart showing a stretched cup and handle ready for an explosive move up into the gap fill. Higher highs and higher lows showing sign of strength also. With an inflow of volume which is expected coming up to the 23rd, combined with the high short interest, we could be in for a real move to the upside. IV is already high on this name so short term options are not the best way to play this, I would advise shares or LEAPS if you can.