I can lead a horse to water, but I can't make him drink !
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A reminder of where we are currently:
At the bottom left side of this chart: http://www.optionsoutlet.com/trading_technicals/images/improv25.gif
http://www.optionsoutlet.com/trading_technicals/images/improv32.gif
5(1) = 0.42c (Feb.18, 2010)High
4 = 0.12c (Feb. 18, 2010)Low
3 = 0.13c (Feb. 17, 2010)
2 = 0.035c (Feb. 12, 2010)
1 = 0.05c (Feb.11, 2010)
A = 0.105c
B = 0.185c
C(2) = 0.062c (June 11, 2010)
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p04736405904
Planned Sale, means exactly that, "Planned".
IMO, any "LARGE" sales of stock by insiders will most likely happen after the stock reaches higher levels.
The insiders of CCTC have sold "SMALL" amounts up until now. You can say whatever you want as to the reason for those sales. They may have sold the stock to pay for things like expenses, or for personal needs, etc. The shares may have even been sold to "strategically" have the effect of scaring investors into selling, and causing the stock to fall to a level where the insiders could accumulate more shares at lower prices.
The point I'd like to make here, is that "if" the insiders are "planning" on selling LARGE amounts, it is in their benefit to sell those shares at much higher prices, than where they sell for now. My guess, is that the insiders will begin selling, only "after" the stock reaches $1.00 plus.
ALERT for Monday !!!!!
CCTC has been on the Short-List for 13 consecutive trading days, and BUY-IN is Imminenet.http://www.buyins.net/tools/short_list.php?dys=>12
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p78740149765
On Monday April 19th, the same situation was at hand. CCTC was on the short-list for 13 consecutive days. On that day, CCTC was at 0.13c
and this is what appeared:
BUYINS.NET: CCTC On BUYINS.NET Naked Short List For 13 Consecutive Trading Days.
Apr 19, 2010 (M2 PRESSWIRE via COMTEX) -- BUYINS.NET, http://www.buyins.net , announced today that these select companies have been on the NASDAQ, AMEX and NYSE naked short threshold lists for 13 consecutive trading days: Clean Coal Technologies (OTC: CCTC. For a complete list of companies on the naked short lists please visit our web site. To find the SqueezeTrigger Price before a short squeeze starts in any stock, go to http://www.buyins.net.
As you can see from the chart,http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p78740149765
the stock dipped the next day to 0.127c on Tuesday, and then on Wednesday, the stock jumped to 0.16c.
This jump was also happening because the stock had fallen below recent support of 0.145c and was under it for 3-trading sessions.
We have the same situation now. CCTC had fallen below recent support of
Technical Targets, for Monday, June 14th.
(Adjusted daily to reflect the changes in the pps)
**Note: New Low made at 0.062c
My "Targets" are:
1st Swing Target = 0.308c
(0.185c - 0.062c) = 0.123c, (0.123c + 0.185c) = 0.308c
2nd Swing Target = 0.778c
(0.42c - 0.062c) = 0.358c, (0.358c + 0.42c) = 0.778c
Overshoot Swing Target = possible $1.15 (the April 2008 Support)
http://www.stockta.com/cgi-bin/analysis.pl?symb=CCTC&num1=2&cobrand=&mode=stock
Daily Chart:
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p78058708735
http://barchart.com/chart.php?sym=CCTC&style=technical&p=DO&d=O&sd=&ed=&size=M&log=0&t=BAR&v=1&g=1&evnt=1&late=1&o1=&o2=&o3=&indicators=SMA%2820%2C16711680%29%3BMFI%2814%2C255%2C100%2C39168%2C16711680%29%3BSSTO%2814%2C3%2C16763904%2C6724095%29&chartindicator_1_code=SMA&chartindicator_1_param_0=20&chartindicator_1_param_1=16711680&chartindicator_2_code=MFI&chartindicator_2_param_0=14&chartindicator_2_param_1=255&chartindicator_2_param_2=100&chartindicator_2_param_3=39168&chartindicator_2_param_4=16711680&chartindicator_3_code=SSTO&chartindicator_3_param_0=14&chartindicator_3_param_1=3&chartindicator_3_param_2=16763904&chartindicator_3_param_3=6724095&addindicator=&submitted=1&fpage=&txtDate=&x=49&y=5
Technical Update, for Monday, June 14th.
On Friday June 11th, CCTC made another lower low at 0.062c, having broken "support" of 0.066c.
The resistance level of 0.114c continues to be the "key" to the upside potential. If the stock can get above 0.114c, there is no "resistance" until 0.27c, and once that is penetrated, the stock can then move up fast, to over $1.00.
http://www.stockta.com/cgi-bin/analysis.pl?symb=CCTC&num1=569&cobrand=&mode=stock
http://www.optionsoutlet.com/trading_technicals/images/improv25.gif
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p78058708735
CCTC may have reached bottom Friday June 11th,at 0.062c, to establish Wave 2(red),
(a,b,c corrective phase).
http://www.optionsoutlet.com/trading_technicals/images/improv32.gif
Wave 3(red) may be beginning,
CCTC is now positioned for a strong "Impulse" move-up. A NEW, "lower low", is now in place at 0.062c, from the high of 0.42c, that was set on February 18th.
Refer to 5-Wave "Elliott Wave" Chart below:
http://www.ensignsoftware.net/images/20-4.gif
Where CCTC is Currently:
Wave 3(red) June 11th ( Possible Impulse Wave ???)
1=?
Wave 2(red) February 18th - June 10th Corrective Wave
A=.10c B=.185c C=.062c
Wave 1(red) February 10th - 18th Impulse Wave (6-days)
1=.05c 2=.035c 3=.13c 4=.12c 5=.42c
STOCHASTIC ALERT: Stochastic Oversold Buried
http://www.stockta.com/cgi-bin/analysis.pl?symb=CCTC&table=stoch&mode=table
TREND ALERT: Long-Term Bullish Breakout
Short-Term Downward Sloping Trading Channel
http://www.stockta.com/cgi-bin/analysis.pl?symb=cctc&table=trend&mode=table
http://barchart.com/chart.php?sym=CCTC&style=technical&p=DO&d=O&sd=&ed=&size=M&log=0&t=BAR&v=1&g=1&evnt=1&late=1&o1=&o2=&o3=&indicators=SMA%2820%2C16711680%29%3BMFI%2814%2C255%2C100%2C39168%2C16711680%29%3BSSTO%2814%2C3%2C16763904%2C6724095%29&chartindicator_1_code=SMA&chartindicator_1_param_0=20&chartindicator_1_param_1=16711680&chartindicator_2_code=MFI&chartindicator_2_param_0=14&chartindicator_2_param_1=255&chartindicator_2_param_2=100&chartindicator_2_param_3=39168&chartindicator_2_param_4=16711680&chartindicator_3_code=SSTO&chartindicator_3_param_0=14&chartindicator_3_param_1=3&chartindicator_3_param_2=16763904&chartindicator_3_param_3=6724095&addindicator=&submitted=1&fpage=&txtDate=&x=49&y=5
*From January 21 to February 10, the "Price Trend" was moving down, while the "Money Flow Index" was moving UP!
Result: Strong Impulse move UP! 0.034c to 0.42c
*From April 29 to June 11, the "Price Trend" is moving down, while the "Money Flow Index" is trending UP!
Result: A potential Strong Impulse move to the UPSIDE !
Note that both the Stochastic reading and Money Flow Index lines, are positioning themselves in a manner similar to where they were, just before the February 17th "Impulse Move" UP.
CCTC Expectations... for Monday June 14th
"The formal approval documents would be issued
"by" mid-June 2010."
Only 2-days until June 15th !!!!!!
Tuesday June 15th********
Monday June 14th ( stock due to move above 0.102c )
Sunday
Saturday
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=1&dy=0&id=p77886838880
A Technical observation...for Monday June 14th
CCTC Daily:
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p62207290505
CCTC has been under "recent support" of 0.077c now for 4-days, and will move above 0.077c which is now "resistance". The bounce will carry the pps to above 0.10c.
CCTC has been trading in a "Declining Channel Formation" that is
0.04c wide, from the lower level of the channel, to the upper level of the channel.
From the High of 0.185c set on April 12th, CCTC moved down to Fridays price low of 0.062c.
Currently, CCTC hit a low yesterday Friday, of .062c, and if the stock were to move up .04c from there, that would mean a target projection of 0.106c for Monday June 14th, a better than 50% gain off of Fridays low.
Note the labeled price tags:
.12c to .16c
.10c to .14c
.07c to .11c
Note also, the "Positive Divergence" between the declining price and the uptrending Money Flow Line, since April 29th. This means that a turn is approaching, and that the price trend is about to reverse. A price rise is "Imminent" !!!!
Why NEWS may NOT be out on Monday, Tuesday.
Consider the fact, that next Friday is June 18th.
Interesting, that the last two PR's on
Inner-Mongolia were on June 18th....
Wednesday, June 18th 2008 $2.75
CLEAN COAL TECHNOLOGIES, INC. SIGNS ADDITIONAL
MEMORANDUM OF UNDERSTANDING IN INNER-MONGOLIA
Jun 18, 2009 $2.50
Clean Coal Technologies, Inc., (CCTI) Attains Significant Milestones
on Inner Mongolia Project
http://www.cleancoaltechnologiesinc.com/index.php?option=content&task=view&id=25
http://www.cleancoaltechnologiesinc.com/index.php?option=content&task=view&id=32
Nothing will be happening today, so
go enjoy the day, and check the stock periodically, throughout the day.
If a PR is to be released, we're probably looking at Monday 14th or Tuesday 15th, unless they pull a fast one and sneak one in during mid-day, to catch the SHORTS by surprise.
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p24896162198
RaZ1010, You're right, and
that being a possibility, let's think positive here, and perhaps this PR will be the one we're all looking for, and not the "fluff" PR that we don't want to see.
I do agree though.....
when the pps is under support, we do tend to see a PR released which brings the pps back up above the support, which becomes resistance.
Just another example of how the stock is being managed by MM's, traders and insiders and that technicals are an intrical part of stock movement, and that a person can make money by playing the support/resistance game.
Technical Targets, for Friday, June 11th.
(Adjusted daily to reflect the changes in the pps)
**Note: New Low made at 0.066c
My "Targets" are:
1st Swing Target = 0.304c
(0.185c - 0.066c) = 0.119c, (0.119c + 0.185c) = 0.304c
2nd Swing Target = 0.774c
(0.42c - 0.066c) = 0.354c, (0.354c + 0.42c) = 0.774c
Overshoot Swing Target = possible $1.15 (the April 2008 Support)
http://www.stockta.com/cgi-bin/analysis.pl?symb=CCTC&num1=2&cobrand=&mode=stock
Daily Chart:
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p78058708735
http://barchart.com/chart.php?sym=CCTC&style=technical&p=DO&d=O&sd=&ed=&size=M&log=0&t=BAR&v=1&g=1&evnt=1&late=1&o1=&o2=&o3=&indicators=SMA%2820%2C16711680%29%3BMFI%2814%2C255%2C100%2C39168%2C16711680%29%3BSSTO%2814%2C3%2C16763904%2C6724095%29&chartindicator_1_code=SMA&chartindicator_1_param_0=20&chartindicator_1_param_1=16711680&chartindicator_2_code=MFI&chartindicator_2_param_0=14&chartindicator_2_param_1=255&chartindicator_2_param_2=100&chartindicator_2_param_3=39168&chartindicator_2_param_4=16711680&chartindicator_3_code=SSTO&chartindicator_3_param_0=14&chartindicator_3_param_1=3&chartindicator_3_param_2=16763904&chartindicator_3_param_3=6724095&addindicator=&submitted=1&fpage=&txtDate=&x=49&y=5
Technical Update, for Friday, June 11th.
On Thursday June 10th, CCTC made another lowere low at 0.066c.
The resistance level of 0.114c continues to be the "key" to the upside potential. If the stock can get above 0.114c, there is no "resistance" until 0.27c, and once that is penetrated, the stock can then move up fast, to over $1.00.
http://www.stockta.com/cgi-bin/analysis.pl?symb=CCTC&num1=569&cobrand=&mode=stock
http://www.optionsoutlet.com/trading_technicals/images/improv25.gif
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p78058708735
CCTC may have reached bottom Thursday June 10th,at 0.066c, to establish Wave 2(red),
(a,b,c corrective phase).
http://www.optionsoutlet.com/trading_technicals/images/improv32.gif
Wave 3(red) may be beginning,
CCTC is now positioned for a strong "Impulse" move-up. A NEW, "lower low", is now in place at 0.066c, from the high of 0.42c, that was set on February 18th.
Refer to 5-Wave "Elliott Wave" Chart below:
http://www.ensignsoftware.net/images/20-4.gif
Where CCTC is Currently:
Wave 3(red) June 10th ( Possible Impulse Wave ???)
1=?
Wave 2(red) February 18th - June 10th Corrective Wave
a=.10c b=.185c c=.066c
Wave 1(red) February 10th - 18th Impulse Wave (6-days)
1=.05c 2=.035c 3=.13c 4=.12c 5=.42c
STOCHASTIC ALERT: Stochastic Oversold Buried
http://www.stockta.com/cgi-bin/analysis.pl?symb=CCTC&table=stoch&mode=table
TREND ALERT: Long-Term Bullish Breakout
Short-Term Downward Sloping Trading Channel
http://www.stockta.com/cgi-bin/analysis.pl?symb=cctc&table=trend&mode=table
http://barchart.com/chart.php?sym=CCTC&style=technical&p=DO&d=O&sd=&ed=&size=M&log=0&t=BAR&v=1&g=1&evnt=1&late=1&o1=&o2=&o3=&indicators=SMA%2820%2C16711680%29%3BMFI%2814%2C255%2C100%2C39168%2C16711680%29%3BSSTO%2814%2C3%2C16763904%2C6724095%29&chartindicator_1_code=SMA&chartindicator_1_param_0=20&chartindicator_1_param_1=16711680&chartindicator_2_code=MFI&chartindicator_2_param_0=14&chartindicator_2_param_1=255&chartindicator_2_param_2=100&chartindicator_2_param_3=39168&chartindicator_2_param_4=16711680&chartindicator_3_code=SSTO&chartindicator_3_param_0=14&chartindicator_3_param_1=3&chartindicator_3_param_2=16763904&chartindicator_3_param_3=6724095&addindicator=&submitted=1&fpage=&txtDate=&x=49&y=5
*From January 21 to February 10, the "Price Trend" was moving down, while the "Money Flow Index" was moving UP!
Result: Strong Impulse move UP! 0.034c to 0.42c
*From April 29 to June 10, the "Price Trend" is moving down, while the "Money Flow Index" is trending UP!
Result: A potential Strong Impulse move to the UPSIDE !
Note that both the Stochastic reading and Money Flow Index lines, are positioning themselves in a manner similar to where they were, just before the February 17th "Impulse Move" UP.
A Technical observation...
CCTC Daily:
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p62207290505
CCTC has been under "recent support" of 0.077c now for 3-days, and is due for a bounce. The bounce will carry the pps to above 0.077c support, which has now become resistance.
Currently, CCTC hit a low yesterday of .066c, and if the stock were to move up .04c from here, that would mean a target projection of 0.106c for today, a better than 50% gain off of the low.
From the High of 0.185c set on April 12th, down to the present price low of 0.066c set yesterday Thursday June 10th,
CCTC has been trading in a "Declining Channel Formation" that is
0.04c wide, from the lower level of the channel, to the upper level of the channel.
Note the labeled price tags:
.12c to .16c
.10c to .14c
.07c to .11c
Note also, the "Positive Divergence" between the declining price and the uptrending Money Flow Line, since April 29th. This means that a turn is approaching, and that the price trend is about to reverse. A price rise is "Imminent" !!!!
CCTC Expectations:
"The formal approval documents would be issued
......"by" mid-June 2010."
Only 3-days until June 15th !!!!!!
Tuesday June 15th********
Monday June 14th
Sunday
Saturday
Friday June 11th ( split decision 50/50; could be another sideways day in a narrow range with lite volume, or, the stock could pop-up )
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=1&dy=0&id=p77886838880
stevesc, did you sell the other one today?
It had a nice climb, and I thought about you being able to sell into the strength today.
"BUY on weakness, SELL on strength" !!!!
Thanks for your thoughts everyone,
and thank you for the conversations today.
It's always great to talk with each of you.
CCTC Expectations:
"The formal approval documents would be issued
......"by" mid-June 2010."
Only 3-days until June 15th !!!!!!
Tuesday June 15th********
Monday June 14th
Sunday
Saturday
Friday June 11th ( split decision 50/50; could be another sideways day in a narrow range, or, the stock could pop-up )
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=1&dy=0&id=p77886838880
I'm interested in hearing everones thoughts
about what would be an outcome for the stock, if a deal was struck over the weekend, to buy the company.
What price would be reasonable?
How would the price be determined?
Just throwing that out as a possibility.
Everyone stay focused!!
Remember, the CEO is at a Conference.
Is he waisting his time being there? I think not.
Is anyone there at the Conference, just there to get a meal, and entertainment? I think not.
The stock is slow moving today, it was slow moving yesterday, and it could be slow moving tomorrow too. But, deals can happen on weekends. Pr's can be written on weekends.
From listening to a lot of the smart people on this board, I am of the opinion that this is real and news will be out soon. So don't panic here. Leave the panic for the SHORTS, who are busy panicing in a BIG way, cause they're about to lose all the profits they've made as the stock has been declining, cause the stock is about to move up so high, so fast, that the SHORTS will be shaking with fear.
jbbrocky, here's something else to think about,
that's a positive.
We all know that two insiders sold shares. That's no secret.
And, you can look at it this way. It had a desired effect.
It scared the heck out of a lot of board members, and they sold and left.
Ask yourself this. Why didn't the insiders sell all their shares at the higher prices?
The answer is simple. They know the stock will go up, once the NEWS is released, to very high levels. It is not in their best interest to sell all their millions of shares at low prices.
They know that the little bit that they did sell, had the effect they wanted, "It drove the weak holders to the exit doors."
StocksJr, Exactly !!
People have a choice right now.
They can either pay Wal-Mart prices now for CCTC,
or, they can wait for the NEWS to come out,
and chase the stock as it surges up,
and have a tough time getting the price they want to pay,
at MACY'S prices.
The volume is lite today, as it was yesterday, because the SMART holders aren't selling. The little guy who is scared, is selling today.
SMART little guys, are the ones doing the buying today.
Traders are also in the picture. They are dumping shares to drive the price down, to scare the little guy into selling.
The stock will surge upward, because the NEWS will come out, and the SHORTS, who are trying to COVER their positions before the news comes out, are going to have to chase the stock as it climbs, and that will add to the reason the stock climbs even higher. The SHORTS are not able to COVER their SHORT positions here, because not enough shares are being dumped. They are going to be SQUEEZED in a very BIG way, when the NEWS comes out.
I own shares, and I'm waiting to sell them.
I'm not promoting the stock.
If I sound like I am, it's because I choose to remain confident in the stock, and won't allow negative thinking to cloud my view.
I've been clear about my being a holder many times over the last several months.
Out_from_the_Shadows, Actually, this
is exactly the way it should work!
Stocks of companies always go down, prior to the release
of "Very Good NEWS".
That's what you see all the time, when the MM's advertise to the unsuspecting average investor. They get them to buy, when the NEWS comes out, which is the exact time that the stock jumps way before the investor is able to get in, and they end up chasing it, buying it, and then watch it tank the next day, and days after that, wiping out their investment.
What we are witnessing here with CCTC, is what we want to see...an orderly decline, before the news comes out.
"BUY on RUMOR.....SELL on NEWS" !!!!!
Most people who lose their money, or watch it go down to zero, do the opposite. They BUY on NEWS ! When you do that, you take on RISK, because then the stock gets sold and ditributed, and it goes down.
Right now, as the stock is going down in an orderly manner, traders are accumulating, and when the NEWS comes out, they'll sell it to the people who don't understand this way of thinking.
If you want to own shares of CCTC, this is the time to BUY it, then when the NEWS comes out.....SELL it !!!!
A Technical observation...
CCTC Daily:
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p17992660187
From the High of 0.185c set on April 12th, down to the present price low of 0.070c set yesterday Wednesday June 9th,
CCTC has been trading in a "Declining Channel Formation" that is
0.04c wide, from the lower level to the upper level of the channel.
Note the labeled price tags:
.12c to .16c
.10c to .14c
.07c to .11c
Currently, CCTC is at .0723c, and if the stock were to move up .05c from here, that would break the channel to the upside.
Note also, the "Positive Divergence" between the declining price and the uptrending Money Flow Line, since April 29th. This means that a turn is approaching, and that the price trend is about to reverse. A price rise is "Imminent" !!!!
CCTC Expectations:
The formal approval documents would be issued
......"by" mid-June 2010.
Only 4-days until June 15th !!!!!!
Tuesday June 15th********
Monday June 14th
Sunday
Saturday
Friday June 11th
Thursday June 10th (expecting side-ways movement with lite volume, in a narrow range 0.07c-0.075c)
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=1&dy=0&id=p77886838880
Technical Targets, for Thursday, June 10th.
(Adjusted daily to reflect the changes in the pps)
**Note: New Low made at 0.07c
My "Targets" are:
1st Swing Target = 0.30c
(0.185c - 0.070c) = 0.115c, (0.115c + 0.185c) = 0.30c
2nd Swing Target = 0.77c
(0.42c - 0.070c) = 0.35c, (0.35c + 0.42c) = 0.77c
Overshoot Swing Target = possible $1.15 (the April 2008 Support)
http://www.stockta.com/cgi-bin/analysis.pl?symb=CCTC&num1=2&cobrand=&mode=stock
Daily Chart:
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p78058708735
http://barchart.com/chart.php?sym=CCTC&style=technical&p=DO&d=O&sd=&ed=&size=M&log=0&t=BAR&v=1&g=1&evnt=1&late=1&o1=&o2=&o3=&indicators=SMA%2820%2C16711680%29%3BMFI%2814%2C255%2C100%2C39168%2C16711680%29%3BSSTO%2814%2C3%2C16763904%2C6724095%29&chartindicator_1_code=SMA&chartindicator_1_param_0=20&chartindicator_1_param_1=16711680&chartindicator_2_code=MFI&chartindicator_2_param_0=14&chartindicator_2_param_1=255&chartindicator_2_param_2=100&chartindicator_2_param_3=39168&chartindicator_2_param_4=16711680&chartindicator_3_code=SSTO&chartindicator_3_param_0=14&chartindicator_3_param_1=3&chartindicator_3_param_2=16763904&chartindicator_3_param_3=6724095&addindicator=&submitted=1&fpage=&txtDate=&x=49&y=5
Technical Update, for Thursday, June 10th.
On Wednesday June 9th, CCTC could not hold support at 0.072c. A New Low was made at 0.070c.
The resistance level of 0.114c continues to be the "key" to the upside potential. If the stock can get above 0.114c, there is no "resistance" until 0.27c, and once that is penetrated, the stock can then move up fast, to over $1.00.
http://www.stockta.com/cgi-bin/analysis.pl?symb=CCTC&num1=569&cobrand=&mode=stock
http://www.optionsoutlet.com/trading_technicals/images/improv25.gif
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p78058708735
CCTC may have reached bottom Wednesday June 9th,at 0.070c, to establish Wave 2(red),
(a,b,c corrective phase).
http://www.optionsoutlet.com/trading_technicals/images/improv32.gif
Wave 3(red) may be beginning,
CCTC is now positioned for a strong "Impulse" move-up. A NEW, "lower low", is now in place at 0.070c, from the high of 0.42c, that was set on February 18th.
Refer to 5-Wave "Elliott Wave" Chart below:
http://www.ensignsoftware.net/images/20-4.gif
Where CCTC is Currently:
Wave 3(red) June 9th ( Possible Impulse Wave ???)
1=?
Wave 2(red) February 18th - June 8th Corrective Wave
a=.10c b=.185c c=.070c
Wave 1(red) February 10th - 18th Impulse Wave (6-days)
1=.05c 2=.035c 3=.13c 4=.12c 5=.42c
STOCHASTIC ALERT: Stochastic Oversold Buried
http://www.stockta.com/cgi-bin/analysis.pl?symb=CCTC&table=stoch&mode=table
TREND:
http://www.stockta.com/cgi-bin/analysis.pl?symb=cctc&table=trend&mode=table
http://barchart.com/chart.php?sym=CCTC&style=technical&p=DO&d=O&sd=&ed=&size=M&log=0&t=BAR&v=1&g=1&evnt=1&late=1&o1=&o2=&o3=&indicators=SMA%2820%2C16711680%29%3BMFI%2814%2C255%2C100%2C39168%2C16711680%29%3BSSTO%2814%2C3%2C16763904%2C6724095%29&chartindicator_1_code=SMA&chartindicator_1_param_0=20&chartindicator_1_param_1=16711680&chartindicator_2_code=MFI&chartindicator_2_param_0=14&chartindicator_2_param_1=255&chartindicator_2_param_2=100&chartindicator_2_param_3=39168&chartindicator_2_param_4=16711680&chartindicator_3_code=SSTO&chartindicator_3_param_0=14&chartindicator_3_param_1=3&chartindicator_3_param_2=16763904&chartindicator_3_param_3=6724095&addindicator=&submitted=1&fpage=&txtDate=&x=49&y=5
*From January 21 to February 10, the "Price Trend" was moving down, while the "Money Flow Index" was moving UP!
Result: Strong Impulse move UP! 0.034c to 0.42c
*From April 29 to June 9, the "Price Trend" is moving down, while the "Money Flow Index" is trending UP!
Result: A potential Strong Impulse move to the UPSIDE !
Note that both the Stochastic reading and Money Flow Index lines, are positioning themselves in a manner similar to where they were, just before the February 17th "Impulse Move" UP.
eeprincipal, Interesting.
Perhaps the seminar will yield some sort of "more effective" way of reaching the investment world, that Fortune and Business Week couldn't. Maybe the cover of Fortune is needed.
Perhaps, all that is needed is what we've all been talking about for the last 3 months.....$$$$$$$$ Revenue.
stevesc, good idea !
I believe it's run its course.
It could easily tank, like ACLH.
stevesc, do yo still have the stock we talked about?
I guess you noticed that it closed at 0.179c
It could go all the way down to 0.0015c
I'd hate to see that happen.
Use ACLH as a reference. The two are similar in pattern.
eeprincipal, thank you.
do you suppose that is the reason he didn't write in his blog?
with the stock getting halved, from 0.146c down to 0.077c for the month of May, I thought for sure he'd have something to say.
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p42602044394
Technical Update, for Thursday, June 10th.
On Wednesday June 9th, CCTC could not hold support at 0.072c. A New Low was made at 0.070c.
The resistance level of 0.114c continues to be the "key" to the upside potential. If the stock can get above 0.114c, there is no "resistance" until 0.27c, and once that is penetrated, the stock can then move up fast, to over $1.00.
http://www.stockta.com/cgi-bin/analysis.pl?symb=CCTC&num1=569&cobrand=&mode=stock
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p78058708735
CCTC may have reached bottom Wednesday June 9th,at 0.070c, to establish Wave 2(red),
(a,b,c corrective phase).
http://www.optionsoutlet.com/trading_technicals/images/improv32.gif
Wave 3(red) may be beginning,
CCTC is now positioned for a strong "Impulse" move-up. A NEW, "lower low", is now in place at 0.070c, from the high of 0.42c, that was set on February 18th.
Refer to 5-Wave "Elliott Wave" Chart below:
http://www.ensignsoftware.net/images/20-4.gif
Where CCTC is Currently:
Wave 3(red) June 9th ( Possible Impulse Wave ???)
1=?
Wave 2(red) February 18th - June 8th Corrective Wave
a=.10c b=.185c c=.070c
Wave 1(red) February 10th - 18th Impulse Wave (6-days)
1=.05c 2=.035c 3=.13c 4=.12c 5=.42c
STOCHASTIC ALERT: Stochastic Oversold Buried
http://www.stockta.com/cgi-bin/analysis.pl?symb=CCTC&table=stoch&mode=table
TREND:
http://www.stockta.com/cgi-bin/analysis.pl?symb=cctc&table=trend&mode=table
http://barchart.com/chart.php?sym=CCTC&style=technical&p=DO&d=M&sd=&ed=&size=M&log=0&t=BAR&v=1&g=1&evnt=1&late=1&o1=&o2=&o3=&indicators=SMA%2820%2C16711680%29%3BMFI%2814%2C255%2C100%2C39168%2C16711680%29%3BSSTO%2814%2C3%2C16763904%2C6724095%29&chartindicator_1_code=SMA&chartindicator_1_param_0=20&chartindicator_1_param_1=16711680&chartindicator_2_code=MFI&chartindicator_2_param_0=14&chartindicator_2_param_1=255&chartindicator_2_param_2=100&chartindicator_2_param_3=39168&chartindicator_2_param_4=16711680&chartindicator_3_code=SSTO&chartindicator_3_param_0=14&chartindicator_3_param_1=3&chartindicator_3_param_2=16763904&chartindicator_3_param_3=6724095&addindicator=&submitted=1&fpage=&txtDate=&x=25&y=9
*From January 21 to February 10, the "Price Trend" was moving down, while the "Money Flow Index" was moving UP!
Result: Strong Impulse move UP! 0.034c to 0.42c
*From April 29 to June 9, the "Price Trend is moving down, while the "Money Flow Index" is trending UP!
Result: A potential Strong Impulse move to the UPSIDE !
Note that both the Stochastic reading and Money Flow Index lines, are positioning themselves in a manner similar to where they were, just before the February 17th "Impulse Move" UP.
Technical Targets, for Thursday, June 10th.
My "Targets" are:
1st Swing Target = 0.30c
(0.185c - 0.070c) = 0.115c, (0.115c + 0.185c) = 0.30c
2nd Swing Target = 0.768c
(0.42c - 0.070c) = 0.35c, (0.35c + 0.42c) = 0.77c
Overshoot Swing Target = possible $1.15 (the April 2008 Support)
http://www.stockta.com/cgi-bin/analysis.pl?symb=CCTC&num1=2&cobrand=&mode=stock
Daily Chart:
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p78058708735
http://barchart.com/chart.php?sym=CCTC&style=technical&p=DO&d=M&sd=&ed=&size=M&log=0&t=BAR&v=1&g=1&evnt=1&late=1&o1=&o2=&o3=&indicators=SMA%2820%2C16711680%29%3BMFI%2814%2C255%2C100%2C39168%2C16711680%29%3BSSTO%2814%2C3%2C16763904%2C6724095%29&chartindicator_1_code=SMA&chartindicator_1_param_0=20&chartindicator_1_param_1=16711680&chartindicator_2_code=MFI&chartindicator_2_param_0=14&chartindicator_2_param_1=255&chartindicator_2_param_2=100&chartindicator_2_param_3=39168&chartindicator_2_param_4=16711680&chartindicator_3_code=SSTO&chartindicator_3_param_0=14&chartindicator_3_param_1=3&chartindicator_3_param_2=16763904&chartindicator_3_param_3=6724095&addindicator=&submitted=1&fpage=&txtDate=&x=25&y=9
I find it very interesting that Wayne Crumply did not write a blog the entire month of May.
Up until May, he had written a blog every month.
This fact makes me wonder why.
http://waynecrumpley.blogspot.com/
Next week is going to be great, people!!
Don't frett about today.
The stock will trade lite again tomorrow and Friday, and then Monday could be fantastic !!!!
Deals take place on weekends....especially after everyone has had a seminar with lots of discussion.
All the publicity and talk will add up to a great week for the stock early next week.
Every indicator is Bullish from my view point.
Never SELL a dull market !!!!
On a positive note, the volume today, is
less than yesterdays 2 million traded.
So far only 1.2 million at 3:40 pm.
Still looks to me, as if we'll see sideways movement in a narrow range, tomorrow Thursday and Friday, with a good chance for gains from a PR on Monday, Tuesday and Wednesday of next week.
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p44591001756
Nobody panic if we hit 0.07c
volume is lite......
0.07c should hold.
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=1&dy=0&id=p42965499146
nameofthegame, I completely agree.
CCTC should trend side-ways today Wednesday, Thursday and Friday, and then Monday and Tuesday next week are very likely the days that will be the days for a PR to be released.
Makes sense that if a PR is to be released on the mid-month date, that it be on the 15th, or so, and that the days leading up to that date be building block days. The fact, that you point out of the CEO being at the Seminar until the 10th Thursday will account for the side-ways movement in the stock.
If you review the chart, and the days preceeding the PR on February 17th, you'll find that the stock bottomed 4 days prior, and slowly trended side-ways into the end of that week, and Monday, Tuesday and Wednesday of the following week were all up days. I think we have a similar situation here currently. The technical indicators are lined up in a similar way as well. We have divergences in both scenarios.
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p63451309063
daytrader2004, you're right,
we do need NEWS.
NEWS will be coming shortly, because that's what happens when supports are taken out....NEWS gets released.
There are smart traders out there who guide the stock down "into" the NEWS event. And there are smart traders and MM's that know how to read charts to look for these turning points.
BTW, the stock has entered an "Up-Cycle" phase.
"Down-cycles", follow "up-cycles" and visa-versa.
CCTC has been in a "down-cycle for 8-1/2 weeks, from 0.185c down to yesterdays low of 0.072c, a retracement of 0.1147c, and that's a decline of 62%, a Fibonacci number.
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p57545671817
http://www.drpennystock.com/
CCTC – It has broken the PAR SAR as support, it has support at .075 and .066, let’s see where it will bounce, hold.
THE formal approval documents would be issued
......"by" mid-June 2010.
Only 5-days until June 15th !!!!!!
June H 1 2 3 4 June 7 8 (9) (10) (11) June (14) (15) 16 17 18
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=1&dy=0&id=p77886838880