Next 5-10 days Based on just technical analysis (no news or events) CRE will go back to the $3 range within the next 10 days.
Volume is an important factor to consider. So far the reliable pattern is that volume diminished as the price swung back and forth and broke on a noticeable increase in volume.
Not saying it will stay there, probably will go back down but if someone wants to get out, could be good timing. Aso if CRE management issues some news.. well we will build a new base of around $3 but that's wishful thinking here.
If the volume doesn’t stay strong in the next 2-3 days, the breakout will flatter.