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Re: noretreat post# 66180

Wednesday, 08/20/2014 12:23:22 PM

Wednesday, August 20, 2014 12:23:22 PM

Post# of 403477
We have decent support at the 1.90 area. Bottom of yesterdays tail and then going back to Mar and May.That is also our most recent b/o point so a retest here would be considered normal.
If that were not to hold, then Then the 10 day at 1.83 to the 1.80 area of longer term support would be in play.
http://stockcharts.com/h-sc/ui?s=CTIX&p=D&yr=0&mn=8&dy=0&id=p39520125886

As you know, the serious buyers and news will make the upward call. Retail flippers and those thinking to take profits here and potentially mm's looking for inventory for themselves and to fill bigger orders will apply downward pressure.
This is just ST noise IMO.

Longer view we are still golden. CTIX

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