CableClix USA Inc (CCLX)

[midas716]

Lol. It's not going below .01 no matter how many times you post it or wish for it. Again, the PPS has never been below .01. Lower than .01 is just not going to happen.

"Or" if I hold till Dec and if it happens to drop below 0.01 do I average down and hold on until next year and hope 2018 is better than 2017?"

IMO it appears like it's going to start going up. Forget about the daily chart. This has been stagnant for so long we need to seek guidance from the weekly and really after looking at it, for the first time in months, it really doesn't look that bad. Does it look good? Not really but it is improving the last 3+ weeks.

Remember this is a weekly chart. Weekly's are used more to predict longer term trends. So what stands out:

1. Still in long term downtrend but I think next pop takes us out of it.
2. The PPS, historically, has a run after bottoming at .01 so I think a run may be coming.
3. Volume up last 3 weeks with 3 straight white candles.
4. MACD higher than starting point of last 2 runs.
5. The biggest thing to stand out is the gradual rise in A/D.

IMO I think we're due for a pop. If it can't break out of the long term down trend it'll stall in the .02's. Obviously optimal would be hitting PSAR in the .03's but that's probably weeks away.

WEEKLY CHART