Strong Bounce from Support watching for breakout toward $300
COR have respected key support around $282.50 - $285 zone with strong buying pressure pushing price back above the weekly trendline. Volume spike confirm renewed interest from buyers. Im watching for a potential breakout above $296 - 300.50 which could open the door for retest of the $308-$310 resistance zone.
Bullish scenario - hold above $288 and break $296 with volume next stop $300 - $304 possibly $308
Bearish scenario - failure to hold $288 retest 282.50 and possibly $275 support
Bias - leaning bullish if volume sustains and price holds above weekly trendline.
