I can lead a horse to water, but I can't make him drink !
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Technical Update, Mid-day Thursday, May 20th.
CCTC is holding up well, under todays markets pressure !!!
The stock may have put in a bottom today at 0.090c
CCTC may have reached bottom on Friday May 14th, 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! A strong "Positive Divergence" is now in place. CCTC is now positioned for a strong move-up, having reached my target of 0.097c, a 3rd lower low from the high of 0.42c that was set on February 18th. Look for gains all this week, Monday May 17th- Friday May 21st.
I have adjusted the count, to reflect Fridays low, of 0.0880c
Refer to 5-Wave "Elliott Wave" Chart below:
http://www.ensignsoftware.net/images/20-4.gif
Where CCTC is Currently:
Wave 3(red) May 14th - possibly started.
1=0.11c 2=.090c 3 (may be starting )***!!!!!!!!!!!!!!!!!!!
Wave 2(red) February 18th - May 14th Corrective Wave
a=.10c b=.185c c=.0880c
Wave 1(red) February 10th - 18th Impulse Wave
1=.05c 2=.035c 3=.13c 4=.12c 5=.42c
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p88501038499
ALERT: Stochastic is Oversold Reversal !!!
http://www.stockta.com/cgi-bin/analysis.pl?symb=CCTC&table=stoch&mode=table
TREND ALERT: 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=MFI%2814%2C255%2C100%2C39168%2C16711680%29%3BSSTO%2814%2C3%2C16763904%2C6724095%29&chartindicator_1_code=MFI&chartindicator_1_param_0=14&chartindicator_1_param_1=255&chartindicator_1_param_2=100&chartindicator_1_param_3=39168&chartindicator_1_param_4=16711680&chartindicator_2_code=SSTO&chartindicator_2_param_0=14&chartindicator_2_param_1=3&chartindicator_2_param_2=16763904&chartindicator_2_param_3=6724095&addindicator=&submitted=1&fpage=&txtDate=&x=46&y=8
MONEY FLOW INDEX- "Positive Divergence"!!!
Example of what "Positive Divergence" looks like:
http://www.stock-charts-made-easy.com/images/RSI_Bullish_20041025_HB.png
*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 May 14, the "Price Trend was moving down, while the "Money Flow Index" is moving UP!
Result: A potential Strong price reversal 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.
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p07354699796
** Thurs., and Friday are "KEY" days this week !!!!
SECRETARIAL CHINA CLEAN ENERGY BUSINESS DEVELOPMENT MISSION
MAY 16-21, 2010
MISSION DESCRIPTION:
U.S. Secretary of Commerce Gary Locke will lead a senior-level U.S. business development mission to China May 15-21, 2010 to promote U.S. exports in a broad range of leading U.S. technologies related to the following sectors: clean energy,
http://trade.gov/cleanenergymission/tg_main_002496.asp
Technical Targets, Thursday, May 20th.
My "Targets" for this week are:
1st Swing Target = 0.282c
(0.185c - 0.088c) = 0.097c, (0.097c + 0.185c) = 0.282c
2nd Swing Target = 0.752c
(0.42c - 0.088c) = 0.332c, (0.332c + 0.42c) = 0.752c
Overshoot Swing Target = possible $1.15 (April 2008 Support)
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=MFI%2814%2C255%2C100%2C39168%2C16711680%29%3BSSTO%2814%2C3%2C16763904%2C6724095%29&chartindicator_1_code=MFI&chartindicator_1_param_0=14&chartindicator_1_param_1=255&chartindicator_1_param_2=100&chartindicator_1_param_3=39168&chartindicator_1_param_4=16711680&chartindicator_2_code=SSTO&chartindicator_2_param_0=14&chartindicator_2_param_1=3&chartindicator_2_param_2=16763904&chartindicator_2_param_3=6724095&addindicator=&submitted=1&fpage=&txtDate=&x=70&y=11
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p84089246943
Weekly chart:
http://stockcharts.com/h-sc/ui?s=CCTC&p=W&yr=3&mn=0&dy=0&id=p35185087949
Technical Update, for Thursday, May 20th.
CCTC may have reached bottom on Friday May 14th, 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! A strong "Positive Divergence" is now in place. CCTC is now positioned for a strong move-up, having reached my target of 0.097c, a 3rd lower low from the high of 0.42c that was set on February 18th. Look for gains all this week, Monday May 17th- Friday May 21st.
I have adjusted the count, to reflect Fridays low, of 0.0880c
Refer to 5-Wave "Elliott Wave" Chart below:
http://www.ensignsoftware.net/images/20-4.gif
Where CCTC is Currently:
Wave 3(red) May 14th - possibly started.
1=0.11c 2=.095c
Wave 2(red) February 18th - May 14th Corrective Wave
a=.10c b=.185c c=.0880c
Wave 1(red) February 10th - 18th Impulse Wave
1=.05c 2=.035c 3=.13c 4=.12c 5=.42c
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p88501038499
ALERT: Stochastic is Oversold Reversal !!!
http://www.stockta.com/cgi-bin/analysis.pl?symb=CCTC&table=stoch&mode=table
TREND ALERT: 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=MFI%2814%2C255%2C100%2C39168%2C16711680%29%3BSSTO%2814%2C3%2C16763904%2C6724095%29&chartindicator_1_code=MFI&chartindicator_1_param_0=14&chartindicator_1_param_1=255&chartindicator_1_param_2=100&chartindicator_1_param_3=39168&chartindicator_1_param_4=16711680&chartindicator_2_code=SSTO&chartindicator_2_param_0=14&chartindicator_2_param_1=3&chartindicator_2_param_2=16763904&chartindicator_2_param_3=6724095&addindicator=&submitted=1&fpage=&txtDate=&x=46&y=8
MONEY FLOW INDEX- "Positive Divergence"!!!
Example of what "Positive Divergence" looks like:
http://www.stock-charts-made-easy.com/images/RSI_Bullish_20041025_HB.png
*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 May 14, the "Price Trend was moving down, while the "Money Flow Index" is moving UP!
Result: A potential Strong price reversal 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.
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p07354699796
Wed., Thurs., and Friday are "KEY" days this week !!!!
SECRETARIAL CHINA CLEAN ENERGY BUSINESS DEVELOPMENT MISSION
MAY 16-21, 2010
MISSION DESCRIPTION:
U.S. Secretary of Commerce Gary Locke will lead a senior-level U.S. business development mission to China May 15-21, 2010 to promote U.S. exports in a broad range of leading U.S. technologies related to the following sectors: clean energy,
http://trade.gov/cleanenergymission/tg_main_002496.asp
Technical Targets, Wednesday, May 19th.
My "Targets" for this week are:
1st Swing Target = 0.282c
(0.185c - 0.088c) = 0.097c, (0.097c + 0.185c) = 0.282c
2nd Swing Target = 0.752c
(0.42c - 0.088c) = 0.332c, (0.332c + 0.42c) = 0.752c
Overshoot Swing Target = possible $1.15 (April 2008 Support)
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=MFI%2814%2C255%2C100%2C39168%2C16711680%29%3BSSTO%2814%2C3%2C16763904%2C6724095%29&chartindicator_1_code=MFI&chartindicator_1_param_0=14&chartindicator_1_param_1=255&chartindicator_1_param_2=100&chartindicator_1_param_3=39168&chartindicator_1_param_4=16711680&chartindicator_2_code=SSTO&chartindicator_2_param_0=14&chartindicator_2_param_1=3&chartindicator_2_param_2=16763904&chartindicator_2_param_3=6724095&addindicator=&submitted=1&fpage=&txtDate=&x=70&y=11
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p84089246943
Weekly chart:
http://stockcharts.com/h-sc/ui?s=CCTC&p=W&yr=3&mn=0&dy=0&id=p35185087949
Technical Update, for Wednesday, May 19th.
CCTC may have reached bottom on Friday May 14th, to establish Wave 2(red),
(a,b,c corrective phase).
http://www.optionsoutlet.com/trading_technicals/images/improv32.gif
Measuring Wave 3 (1.68 X Wave 1)
http://www.optionsoutlet.com/trading_technicals/images/improv31.gif
Wave 3(red) may be beginning! A strong "Positive Divergence" is now in place. CCTC is now positioned for a strong move-up, having reached my target of 0.097c, a 3rd lower low from the high of 0.42c that was set on February 18th. Look for gains all this week, Monday May 17th- Friday May 21st.
I have adjusted the count, to reflect Fridays low, of 0.0880c
Refer to 5-Wave "Elliott Wave" Chart below:
http://www.ensignsoftware.net/images/20-4.gif
Where CCTC is Currently:
Wave 3(red) May 14th - possibly started.
1=0.11c
Wave 2(red) February 18th - May 14th Corrective Wave
a=.10c b=.185c c=.0880c
Wave 1(red) February 10th - 18th Impulse Wave
1=.05c 2=.035c 3=.13c 4=.12c 5=.42c
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p88501038499
ALERT: Stochastic is Oversold Buried
http://www.stockta.com/cgi-bin/analysis.pl?symb=CCTC&table=stoch&mode=table
TREND ALERT: 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=MFI%2814%2C255%2C100%2C39168%2C16711680%29%3BSSTO%2814%2C3%2C16763904%2C6724095%29&chartindicator_1_code=MFI&chartindicator_1_param_0=14&chartindicator_1_param_1=255&chartindicator_1_param_2=100&chartindicator_1_param_3=39168&chartindicator_1_param_4=16711680&chartindicator_2_code=SSTO&chartindicator_2_param_0=14&chartindicator_2_param_1=3&chartindicator_2_param_2=16763904&chartindicator_2_param_3=6724095&addindicator=&submitted=1&fpage=&txtDate=&x=46&y=8
MONEY FLOW INDEX- "Positive Divergence"!!!
Example of what "Positive Divergence" looks like:
http://www.stock-charts-made-easy.com/images/RSI_Bullish_20041025_HB.png
*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 May 14, the "Price Trend was moving down, while the "Money Flow Index" is moving UP!
Result: A potential Strong price reversal 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.
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p07354699796
Wed., Thurs., and Friday are "KEY" days this week !!!!
SECRETARIAL CHINA CLEAN ENERGY BUSINESS DEVELOPMENT MISSION
MAY 16-21, 2010
MISSION DESCRIPTION:
U.S. Secretary of Commerce Gary Locke will lead a senior-level U.S. business development mission to China May 15-21, 2010 to promote U.S. exports in a broad range of leading U.S. technologies related to the following sectors: clean energy,
http://trade.gov/cleanenergymission/tg_main_002496.asp
Technical Update, for Wednesday, May 19th.
CCTC may have reached bottom on Friday May 14th, 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! A strong "Positive Divergence" is now in place. CCTC is now positioned for a strong move-up, having reached my target of 0.097c, a 3rd lower low from the high of 0.42c that was set on February 18th. Look for gains all this week, Monday May 17th- Friday May 21st.
I have adjusted the count, to reflect Fridays low, of 0.0880c
Refer to 5-Wave "Elliott Wave" Chart below:
http://www.ensignsoftware.net/images/20-4.gif
Where CCTC is Currently:
Wave 3(red) May 14th - possibly started.
1=0.11c
Wave 2(red) February 18th - May 14th Corrective Wave
a=.10c b=.185c c=.0880c
Wave 1(red) February 10th - 18th Impulse Wave
1=.05c 2=.035c 3=.13c 4=.12c 5=.42c
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p88501038499
ALERT: Stochastic is Oversold Buried
http://www.stockta.com/cgi-bin/analysis.pl?symb=CCTC&table=stoch&mode=table
TREND ALERT: 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=MFI%2814%2C255%2C100%2C39168%2C16711680%29%3BSSTO%2814%2C3%2C16763904%2C6724095%29&chartindicator_1_code=MFI&chartindicator_1_param_0=14&chartindicator_1_param_1=255&chartindicator_1_param_2=100&chartindicator_1_param_3=39168&chartindicator_1_param_4=16711680&chartindicator_2_code=SSTO&chartindicator_2_param_0=14&chartindicator_2_param_1=3&chartindicator_2_param_2=16763904&chartindicator_2_param_3=6724095&addindicator=&submitted=1&fpage=&txtDate=&x=46&y=8
MONEY FLOW INDEX- "Positive Divergence"!!!
Example of what "Positive Divergence" looks like:
http://www.stock-charts-made-easy.com/images/RSI_Bullish_20041025_HB.png
*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 May 14, the "Price Trend was moving down, while the "Money Flow Index" is moving UP!
Result: A potential Strong price reversal 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.
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p07354699796
Wed., Thurs., and Friday are "KEY" days this week !!!!
SECRETARIAL CHINA CLEAN ENERGY BUSINESS DEVELOPMENT MISSION
MAY 16-21, 2010
MISSION DESCRIPTION:
U.S. Secretary of Commerce Gary Locke will lead a senior-level U.S. business development mission to China May 15-21, 2010 to promote U.S. exports in a broad range of leading U.S. technologies related to the following sectors: clean energy,
http://trade.gov/cleanenergymission/tg_main_002496.asp
Technical Update, for Wednesday, May 19th.
CCTC may have reached bottom on Friday May 14th, 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! A strong "Positive Divergence" is now in place. CCTC is now positioned for a strong move-up, having reached my target of 0.097c, a 3rd lower low from the high of 0.42c that was set on February 18th. Look for gains all this week, Monday May 17th- Friday May 21st.
I have adjusted the count, to reflect Fridays low, of 0.0880c
Refer to 5-Wave "Elliott Wave" Chart below:
http://www.ensignsoftware.net/images/20-4.gif
Where CCTC is Currently:
Wave 3(red) May 14th - possibly started.
1=0.11c
Wave 2(red) February 18th - May 14th Corrective Wave
a=.10c b=.185c c=.0880c
Wave 1(red) February 10th - 18th Impulse Wave
1=.05c 2=.035c 3=.13c 4=.12c 5=.42c
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p88501038499
ALERT: Stochastic is Oversold Buried
http://www.stockta.com/cgi-bin/analysis.pl?symb=CCTC&table=stoch&mode=table
TREND ALERT: 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=D&d=L&sd=&ed=&size=M&log=0&t=BAR&v=1&g=1&evnt=1&late=1&o1=&o2=&o3=&indicators=SMACD%2812%2C26%2C9%2C16737792%2C10053375%2C13421721%29&chartindicator_1_code=SMACD&chartindicator_1_param_0=12&chartindicator_1_param_1=26&chartindicator_1_param_2=9&chartindicator_1_param_3=16737792&chartindicator_1_param_4=10053375&chartindicator_1_param_5=13421721&addindicator=&submitted=1&fpage=&txtDate=&x=52&y=7
MONEY FLOW INDEX- "Positive Divergence"!!!
Example of what "Positive Divergence" looks like:
http://www.stock-charts-made-easy.com/images/RSI_Bullish_20041025_HB.png
*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 May 14, the "Price Trend was moving down, while the "Money Flow Index" is moving UP!
Result: A potential Strong price reversal 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.
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=MFI%2814%2C255%2C100%2C39168%2C16711680%29&chartindicator_1_code=MFI&chartindicator_1_param_0=14&chartindicator_1_param_1=255&chartindicator_1_param_2=100&chartindicator_1_param_3=39168&chartindicator_1_param_4=16711680&addindicator=&submitted=1&fpage=&txtDate=&x=33&y=11
Wed., Thurs., and Friday are "KEY" days this week !!!!
SECRETARIAL CHINA CLEAN ENERGY BUSINESS DEVELOPMENT MISSION
MAY 16-21, 2010
MISSION DESCRIPTION:
U.S. Secretary of Commerce Gary Locke will lead a senior-level U.S. business development mission to China May 15-21, 2010 to promote U.S. exports in a broad range of leading U.S. technologies related to the following sectors: clean energy,
http://trade.gov/cleanenergymission/tg_main_002496.asp
MONEY FLOW INDEX- "Positive Divergence"!!!
What it looks like:
http://www.stock-charts-made-easy.com/images/RSI_Bullish_20041025_HB.png
*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 May 14, the "Price Trend was moving down, while the "Money Flow Index" is moving UP!
Result: A potential Strong price reversal 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.
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=MFI%2814%2C255%2C100%2C39168%2C16711680%29%3BSSTO%2814%2C3%2C16763904%2C6724095%29&chartindicator_1_code=MFI&chartindicator_1_param_0=14&chartindicator_1_param_1=255&chartindicator_1_param_2=100&chartindicator_1_param_3=39168&chartindicator_1_param_4=16711680&chartindicator_2_code=SSTO&chartindicator_2_param_0=14&chartindicator_2_param_1=3&chartindicator_2_param_2=16763904&chartindicator_2_param_3=6724095&addindicator=&submitted=1&fpage=&txtDate=&x=46&y=8
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p72037685564
Wed, Thurs, and Friday are "KEY" days this week !!!!
Bobwms, No, I haven't, but I agree with many of his views.
When everyone is BEARISH,
it's time to be BUYING !!!
Wed.,Thurs., and Friday will be "Key" days for the stock.
http://barchart.com/snapopinion/stocks/CCTC
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=MFI%2814%2C255%2C100%2C39168%2C16711680%29%3BSSTO%2814%2C3%2C16763904%2C6724095%29&chartindicator_1_code=MFI&chartindicator_1_param_0=14&chartindicator_1_param_1=255&chartindicator_1_param_2=100&chartindicator_1_param_3=39168&chartindicator_1_param_4=16711680&chartindicator_2_code=SSTO&chartindicator_2_param_0=14&chartindicator_2_param_1=3&chartindicator_2_param_2=16763904&chartindicator_2_param_3=6724095&addindicator=&submitted=1&fpage=&txtDate=&x=46&y=8
http://realtime.bigcharts.com/chart.asp?symb=CCTC&time=5dy&freq=15mi&compidx=aaaaa~0&lf=268435456&ma=0&uf=0&lf2=0&lf3=0&type=4&style=330&size=3&mocktick=1&35736
tdmartin7, that's okay with me,
I make no claims that I can't back-up.
I appreciate the question, as it is a valid one to ask.
Here is a web-site that claims to know the Penny Stocks arena.
Perhaps their take on CCTC is of some interest to some on the board.
http://www.drpennystock.com/
"CCTC – It has bounced at the RSI30 line, possible run in the next days, hold."
jbbrocky, I believe that last Fridays
low of 0.088c, was the low.
daytrader2004, I ran a screen last,
night, and this is what came up.
http://www.stockta.com/cgi-bin/screen.pl?cobrand=&price=.02&price=.21&volume=250000&volume=50000000&country=US&alert=28&action=Display&orderTag=%20price
I'm interested in ones that have a Stochastic Oversold Buried.
CCTC is on the list.
tdmartin7, the school of hard knocks,
....the Best School around !!!
BTW, If you ask 10 "chartists/technicians", for their view of a stocks technicals, you will get 10 different answers.
It's all a matter of opinion.
jbbrocky, are you aware of
... which one it is?
tdmartin7, I'm not aware of any.
BTW, Congrad's on ACLH @ 0.03c
Are you back in CCTC yet?
Today is Tuesday May 18th,
and this is a "reminder"...Friday is the 21st.
SECRETARIAL CHINA CLEAN ENERGY BUSINESS DEVELOPMENT MISSION
MAY 16-21, 2010
MISSION DESCRIPTION:
U.S. Secretary of Commerce Gary Locke will lead a senior-level U.S. business development mission to China May 15-21, 2010 to promote U.S. exports in a broad range of leading U.S. technologies related to the following sectors: clean energy,
http://trade.gov/cleanenergymission/tg_main_002496.asp
CCTC should trade within the range of
0.089c - 0.115c today ( without any NEWS ),
on less than 3.5 million shares.
http://realtime.bigcharts.com/chart.asp?symb=CCTC&time=5dy&freq=15mi&compidx=aaaaa~0&lf=268435456&ma=0&uf=0&lf2=0&lf3=0&type=4&style=330&size=3&mocktick=1&35736
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=MFI%2814%2C255%2C100%2C39168%2C16711680%29&chartindicator_1_code=MFI&chartindicator_1_param_0=14&chartindicator_1_param_1=255&chartindicator_1_param_2=100&chartindicator_1_param_3=39168&chartindicator_1_param_4=16711680&addindicator=&submitted=1&fpage=&txtDate=&x=33&y=11
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p84430698334
MONEY FLOW INDEX- "Positive Divergence"!!!
*From early February to mid-February, Price moving down, while Money Flow moving UP! Result: Strong Impulse move UP!
*From early May to mid-May, Price moving down, while Money Flow is moving UP! Result: A price reversal to the UPSIDE !
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=MFI%2814%2C255%2C100%2C39168%2C16711680%29&chartindicator_1_code=MFI&chartindicator_1_param_0=14&chartindicator_1_param_1=255&chartindicator_1_param_2=100&chartindicator_1_param_3=39168&chartindicator_1_param_4=16711680&addindicator=&submitted=1&fpage=&txtDate=&x=33&y=11
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p14842986634
Technical Update, Tuesday, May 18th.
CCTC may have reached bottom on Friday 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. A strong "Positive Divergence" is now in place. CCTC is now positioned for a strong move-up, having reached my target of 0.097c, a 3rd lower low from the high of 0.42c that was set on February 18th. Look for gains all this week, Monday May 17th- Friday May 21st.
I have adjusted the count, to reflect Fridays low, of 0.0880c
Refer to 5-Wave "Elliott Wave" Chart below:
http://www.ensignsoftware.net/images/20-4.gif
Where CCTC is Currently:
Wave 3(red) May 14th - possibly started.
1=0.11c
Wave 2(red) February 18th - May 14th Corrective Wave
a=.10c b=.185c c=.0880c
Wave 1(red) February 10th - 18th Impulse Wave
1=.05c 2=.035c 3=.13c 4=.12c 5=.42c
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p88501038499
ALERT: Stochastic is Oversold Buried
http://www.stockta.com/cgi-bin/analysis.pl?symb=CCTC&table=stoch&mode=table
TREND ALERT: 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=D&d=L&sd=&ed=&size=M&log=0&t=BAR&v=1&g=1&evnt=1&late=1&o1=&o2=&o3=&indicators=SMACD%2812%2C26%2C9%2C16737792%2C10053375%2C13421721%29&chartindicator_1_code=SMACD&chartindicator_1_param_0=12&chartindicator_1_param_1=26&chartindicator_1_param_2=9&chartindicator_1_param_3=16737792&chartindicator_1_param_4=10053375&chartindicator_1_param_5=13421721&addindicator=&submitted=1&fpage=&txtDate=&x=52&y=7
MONEY FLOW INDEX- "Positive Divergence"!!!
*From early February to mid-February, Price moving down, while Money Flow moving UP! Result: Strong Impulse move UP!
*From early May to mid-May, Price moving down, while Money Flow is moving UP!
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=MFI%2814%2C255%2C100%2C39168%2C16711680%29&chartindicator_1_code=MFI&chartindicator_1_param_0=14&chartindicator_1_param_1=255&chartindicator_1_param_2=100&chartindicator_1_param_3=39168&chartindicator_1_param_4=16711680&addindicator=&submitted=1&fpage=&txtDate=&x=33&y=11
daytrader2004, anytime.
sydog13, thanks,
I appreciate it.
Glad to offer some insight.
jbbrocky, thanks,
I'll be glad to.
I'll continue, as long as I am able to stay on the board.
I appreciate your remarks, jbbrocky.
Chris21, Thanks,
I appreciate that.
Always glad to contribute.
Technical Update, Tuesday, May 18th.
My "Targets" for this week are:
1st Swing Target = 0.282c
(0.185c - 0.088c) = 0.097c, (0.097c + 0.185c) = 0.282c
2nd Swing Target = 0.752c
(0.42c - 0.088c) = 0.332c, (0.332c + 0.42c) = 0.752c
Overshoot Swing Target = possible $1.15 (April 2008 Support)
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p14839920443
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p58869610417
WEEKLY Chart
http://stockcharts.com/h-sc/ui?s=CCTC&p=W&yr=0&mn=6&dy=0&id=p96677074869
Technical Update, Tuesday, May 18th.
CCTC may have reached bottom on Friday 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. A strong "Positive Divergence" is now in place. CCTC is now positioned for a strong move-up, having reached my target of 0.097c, a 3rd lower low from the high of 0.42c that was set on February 18th. Look for gains all this week, Monday May 17th- Friday May 21st.
I have adjusted the count, to reflect Fridays low, of 0.0880c
Refer to 5-Wave "Elliott Wave" Chart below:
http://www.ensignsoftware.net/images/20-4.gif
Where CCTC is Currently:
Wave 3(red) May 14th - possibly started.
1=0.11c
Wave 2(red) February 18th - May 14th Corrective Wave
a=.10c b=.185c c=.0880c
Wave 1(red) February 10th - 18th Impulse Wave
1=.05c 2=.035c 3=.13c 4=.12c 5=.42c
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p88501038499
ALERT: Stochastic is Oversold Buried
http://www.stockta.com/cgi-bin/analysis.pl?symb=CCTC&table=stoch&mode=table
TREND ALERT: 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=D&d=L&sd=&ed=&size=M&log=0&t=BAR&v=1&g=1&evnt=1&late=1&o1=&o2=&o3=&indicators=SMACD%2812%2C26%2C9%2C16737792%2C10053375%2C13421721%29&chartindicator_1_code=SMACD&chartindicator_1_param_0=12&chartindicator_1_param_1=26&chartindicator_1_param_2=9&chartindicator_1_param_3=16737792&chartindicator_1_param_4=10053375&chartindicator_1_param_5=13421721&addindicator=&submitted=1&fpage=&txtDate=&x=52&y=7
daytrader2004, the "Positive Divergence",
in both the RSI, and Stochastics, vs. the price,
from May 4th until today, May 17th, is indicating
a very strong probability for a price movement upward.
From May 4th to May 14th,
The RSI "trend" is UP.
The Stochastic "trend" is UP.
The Price "trend" has been down, but is now turning UP.
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p50149719339
Example of "Positive Divergence":
http://www.stock-charts-made-easy.com/images/RSI_Bullish_20041025_HB.png
Note:
http://trade.gov/cleanenergymission/tg_main_002496.asp
daytrader2004, Hold on,
...do not sell !
I am signing off now,
..and will be back tomorrow morning.
I had another enjoyable weekend with the board.
Looking forward to Monday morning, as always.
GLTA tomorrow !!!!
Yes, I do !!!
Bobwms, I have my charts set with
... an RSI of (5).
This can be adjusted to the chart makers preference.
I also review both the daily and weekly charts, so the RSI on both charts is different.
See top left corner.
DAILY
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p73643261175
WEEKLY
http://stockcharts.com/h-sc/ui?s=CCTC&p=W&yr=0&mn=6&dy=0&id=p00221738255
When looking at the RSI, I
...look for the "trend in the RSI".
If I see a "Divergence", between the trend and the price of the stock, then I am expecting a reversal in the price trend of the stock.
In the chart of CCTC below, you will notice that the RSI has been trending up from May 4thwhen it bottomed with an RSI of 12%. It peaked on May 7th at just under 70%, and then began dropping and closed on Friday at 18.65%. When you draw a line, connecting the lows of the RSI ( 12% and 18.65% ), the trend is UP.
Looking below at the price of the stock, the price bottomed at
0.1060c on May 4th, and bottomed at 0.088c on Friday. When you draw a line, connecting these lows, the trend is down.
You see now, that the RSI and the price of the stock are moving in opposite directions. This is a "Divergence", and implies that the price of the stock is going to reverse, meaning GO-UP!!
Support for the stock was at 0.1060c on May 4th. CCTC broke support on Friday. The stock will now reverse, and move up to test the support, which now is defined as resistance. Usually, you will find that the stock overshoots when it does test, hence, I expect that the stock will move up to at least the 0.12c level, merely on technicals, and retracement theory, which means a 38%, 50%, and possible 62% retracement of the fall, which is 0.058c, from 0.1460c on May 10th to Fridays low of 0.088c.
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=1&dy=0&id=p61233851934
I hope this helps.
IMHO, "the Deal", hasn't stalled, it has happened, and is being kept quiet, and
.....the CEO, IMO, has not decided to release the PR about "the Deal" yet.
He has been getting his "ducks-in-a-row".
When he is ready to release, he'll release !!!!
Bobwms, thank you for bringing this stock,
APRO, to my attention!
I like this stock, right here at 0.005c, a lot !
http://stockcharts.com/h-sc/ui?s=APRO&p=D&yr=0&mn=6&dy=0&id=p36287210256
I'm placing it on "my Favorites browser".
1. The MACD is turning-up.
2. It had made a 5-wave drop from May 3rd at the high of 0.03c
3. It has tested the March 4th low, making it a possible
"double bottom".
4. The Full Stochastic is under 20%
5. The price is under the 9-day M.A, which is under the 18-day,
which is under the 50-day.
6. The RSI got to 10%.
Thanks again for bringing this to my attention !
sjames41, Thanks a lot!
I appreciate your post.
I'll continue as long as I can, until someone gets me removed for some reason that is beyond my control.
Today is Sunday May 16th, and
...this is a reminder for all on the board.
http://trade.gov/cleanenergymission/tg_main_002496.asp
I am NOT, "a paid, or unpaid promoter of CCTC, or affiliate of CCTC.
I am an "average Joe", trying to contribute to the board, and at the same time, learn from the board members, as well.
I merely offer my opinions, to give another perspective, as to the possible outcome for the stock, on a "technical basis".
My favorite comparison. Look at both closely!
The following are "Weekly" charts.
http://stockcharts.com/h-sc/ui?s=AGEN&p=W&yr=0&mn=6&dy=0&id=p89076765520
http://stockcharts.com/h-sc/ui?s=CCTC&p=W&yr=0&mn=6&dy=0&id=p15285755839
Notice the following:
1. The RSI at the top of the chart.
I want to BUY a stock when the RSI is under "10" %.
2. The 3- Moving Averages.
I want to BUY, when the price is under the 9-day M.A.,
when the 9-day, is under the 18-day, which is under the
50-day.
3. The Technical Pattern.
I want to BUY, when I see a "Bullish Pattern".
The "Bull Flag Formation" is a continuation pattern which
can be 1-to-12 weeks long, but can last longer than that.
It can unfold in several ways, but a common way is the A,B,C
corrective pattern, whereby there are several lowere lows
within the channel.
4. The MACD (Moving Average Convergence Divergence).
I look for a "Divergence", which is where the "price" and
the "MACD", are moving in opposite directions ( price moving
down, while the MACD line is trending up.
5. The Full Stochastic.
I want to see the Full Stochastic trending upward, while
the "price" is falling, just like the "MACD", a "Divergence",
moving in opposite directions.
Both of these stocks formed in like manner, meeting all of the criteria I look for and have outlined above. Both have formed
Wave 1 and Wave 2. AGEN has formed Wave 3. CCTC is getting ready to move up to Wave 3.
My target for AGEN was for $1.70, a "Swing Target" I arrived at by taking the difference from the "Flag Pole" "Impulse Move"
high of $1.20 on Jan.11th, and the "Flag" low of 0.70c on April 1st, which is 0.50c, and then adding the 0.50c differnece to the high of $1.20. The actual price stopped at the high of $1.72 on
April 12th.
My target for CCTC is for 0.75c, a "Swing Target" I arrive at by taking the difference from the "Flag Pole" Impulse Move" high of
0.42c on Feb.16th, and the "Flag" low of 0.088c on May 14th, which is 0.332c, and then adding the 0.332c difference to the high of 0.42c. This is a minimum price target, as $1.00 to $1.15 is "resistance", and the stock could extend its move beyond the 0.75c target I am expecting.
http://www.optionsoutlet.com/trading_technicals/images/improv32.gif
"Divergence"
http://www.stock-charts-made-easy.com/images/RSI_Bullish_20041025_HB.png
http://www.babypips.com/images/elliott-wave/5%20wave%20color.gif
http://www.istockanalyst.com/article/viewarticle/articleid/1075360
http://www.stockstoshop.com/flagsandpennants.htm
http://www.ensignsoftware.net/images/20-4.gif
Wave 1
The stock makes its initial move upwards. This is usually caused by a relatively small number of people that all of the sudden (for a variety of reasons real or imagined) feel that the price of the stock is cheap so it’s a perfect time to buy. This causes the price to rise.
Wave 2
At this point enough people who were in the original wave consider the stock overvalued and take profits. This causes the stock to go down. However, the stock will not make it to its previous lows before the stock is considered a bargain again.
Wave 3
This is usually the longest and strongest wave. The stock has caught the attention of the mass public. More people find out about the stock and want to buy it. This causes the stock’s price to go higher and higher. This wave usually exceeds the high created at the end of wave 1.
Take the Challenge !!!!
Some, think that NEWS is necessary to propel a stock from an apparent large drop to an extreme lofty level, in a very short period of time.
I disagree.
Case-in-point: AGEN
http://stockcharts.com/h-sc/ui?s=AGEN&p=D&yr=0&mn=6&dy=0&id=p66782251686
I use AGEN as an example, because it's pattern is so similar to CCTC. AGEN, had a large IMPULSE move up to $1.20 from 0.60c. It then consolidated those gains over the next 13-weeks, in the pattern of a "Bullish Flag Formation". Three lower lows were made.
0.74c, 0.71c, and 0.70c, in an "A, B, C" corrective Wave, that formed Wave(1) 0.60c to $1.20, and Wave(2), 0.71c, 0.85c and 0.70c
From the Wave(2) low of 0.70c on April 1st, it then surged to $1.72, with NO NEWS at all!!!
CCTC can make a move to my Targets of 0.75c and $1.15 without any NEWS, IMO.
Take my challenge, to find the NEWS that caused AGEN to suge like it did. I give you three Web-sites to research from below. GL
http://finviz.com/quote.ashx?t=AGEN&ty=c&ta=1&p=d&b=1
http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=agen
http://finance.yahoo.com/q?s=agen
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p25660553168
I agree !!!