I can lead a horse to water, but I can't make him drink !
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Technical Update, Friday, May 14th.
I have adjusted the count, to reflect todays low of 0.09c
Wave 3(red) has been removed.
CCTC is in the process of searching for a bottom of Wave 2(red).
Refer to 5-Wave "Elliott Wave" Chart below:
http://www.ensignsoftware.net/images/20-4.gif
Wave 2(red) February 18th - May 14th Corrective Wave
a=.10c b=.185c c=.09c
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
Don't forget, some of the drop today,
is due to the fact that the markets are down sharply.
There is always some percentage built into the stocks price, to account for what the major market averages are doing.
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=3&dy=0&id=p51188107879
Stocks always move down,
"into positive news announcements".
You must be ready at all times for the possible release of such an announcement, which could happen at 1pm, 2pm, etc.
Stocks can "turn-on-a-dime", ( NO Punn intended ),
so don't give up the ship.
You always want to be ready for the turn when Key Supports get broken !!
0.097c could be the catalyst for a move up, simply because of BUY Programs kicking-in.
Hold steady everyone !!!
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p31846383770
The smallest fraction under .10c,
and "BUY Programs" will kick-in,
and the stock will move up rapdly, and be above 0.1460c, next Monday !!!
0.10c is "Key Support".
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p44324784636
Technical Update, Friday, May 14th.
I have adjusted the count, to reflect todays low of 0.10c
Wave 3(red) has been removed.
CCTC is in the process of searching for a bottom of Wave 2(red). If 0.10c holds,I will add Wave 3(red) back in again, and I will update again with the changes.
Refer to 5-Wave "Elliott Wave" Chart below:
http://www.ensignsoftware.net/images/20-4.gif
Wave 2(red) February 18th - May 14th Corrective Wave
a=.10c b=.185c c=.10c
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
Technical Update, Friday, May 14th.
I have adjusted the count, to reflect todays low of 0.1010c
Wave 3(red) has been removed.
CCTC is in the process of searching for a bottom of Wave 2(red). If 0.10c holds,I will add Wave 3(red) back in again, and I will update again with the changes.
Refer to 5-Wave "Elliott Wave" Chart below:
http://www.ensignsoftware.net/images/20-4.gif
Wave 2(red) February 18th - May 14th Corrective Wave
a=.10c b=.185c c=.1010c
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
It's true that you could have bought more waiting until today,
however, with this stock, the prudent thing to be doing, is to be buying at the time the stock is in the lower level of the channel, and accumulating as the stock is breaking under a recent support level, and is under the ( blue M.A, which is the 9-day M.A., when the 9-day is under the 18-day, which is under the 50-day.
Any price under .14c is a good price to be buying at, since that is the middle of the channel, with the high being .18c, and the low being .10c.
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p04010980303
Any price under .10c is the bottom!
Any price under .10c is the bottom!
We might get a Pop-Up this,
morning. Looking at the MACD Line, it looks ready to crossover the ZERO line.
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=77&y=6
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p95811384472
daytrader2004:
Yes, I think the .09 level could be tested today, and the move could come next week, as well.
On hlxw, IMO, the stock price already reflects the points you outline. I think it is a good buy right now technically, seeing how it is under recent support of 0.081c.
I BUY on overshoots under support that have a 1-2-3-4-5, or an A,B,C correction down under the support, which is what I see with this stock. I'm definitely a buyer here at 0.05c
http://stockcharts.com/h-sc/ui?s=HLXW&p=D&yr=0&mn=6&dy=0&id=p37163393660
Technical Look for CCTC, Friday, May 14th.
Refer to 5-Wave "Elliott Wave" Chart below:
http://www.ensignsoftware.net/images/20-4.gif
Wave 3(red) April 12th - May 4th Impulse Wave
1=.1850c 2=.1060c 3= in progress
Wave 2(red) February 18th - March 23rd Corrective Wave
a=.1081c b=.18c c=.10c
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
How Calculating Wave 3 is done,
http://www.optionsoutlet.com/trading_technicals/images/improv31.gif
Wave 3 =1.618 X wave 1, and then added to Wave 2 Low
Wave 3 =( 1.618 X .42c ) = 0.679c,
Wave 3 =( 0.679c + .10c ) = 0.779c Target for Wave 3
Wave 1 = .42c (Feb.18th High)
Wave 2 bottom = .10c (Mar.22nd Low)
http://stockcharts.com/h-sc/ui?s=CCTC&p=W&yr=0&mn=6&dy=0&id=p25806527931
Technical Look for CCTC, Friday, May 14th.
Refer to 5-Wave "Elliott Wave" Chart below:
http://www.ensignsoftware.net/images/20-4.gif
Wave 3 Impulse Wave (red) April 12th - May 4th
1=.1850c 2=.1060c 3= in progress
Wave 2 Corrective Wave (red) February 18th - March 23rd
a=.1081c b=.18c c=.10c
Wave 1 Impulse Wave (red) February 10th - 18th
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
Stocks go down, "into" GOOD NEWS,
and I expect that "the NEWS", or some kind of NEWS, is about to be released very soon, because of this latest price drop below support of 0.1060c
Either today, or tomorrow, we should get something, in the way of NEWS.
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p13115200252
See 96% SELL opinion, this is
Very Bullish, from a contrarian perspective.
96% BEARISH is BULLISH !!!
http://barchart.com/snapopinion/stocks/CCTC
http://barchart.com/chart.php?jumpto=1&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=24&y=9
Seeing more of a possibility for the,
quick test of the 0.097c scenario.
This would set-up a really BIG "positive divergence".
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p44506042317
We now have a "Positive Divergence" set-up!
Price dropped below support of 0.1060c and is sloped downward,
while the MACD Line is rising, and sloped upward.
( Both are now moving in opposite directions ( Divergence ).
This will set-up and eventual reverse in the price trend.
http://www.stock-charts-made-easy.com/bullish-divergence.html
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=1&dy=0&id=p45464161242
Absolutely.
I am rethinking the .097c scenario,
once again.
Still BULLISH, however, a "dip" to .097c (my earlier suspicion), is looking more, and more likely, to me now.
This would be a quick dip, and would reignite the stock which is experiencing "sluggishness" right now.
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p62488576746
I have seen this kind of boredom before,
a slow, sideways, narrow range, lack of action.
This kind of lack of action, can sometimes happen just before a major move UP, or DOWN.
The fact that CCTC was removed from the Short-List on the 10th, gives me the feeling the stock has bottomed here, and is ready for lift-off, IMO.
Also, the concensus readings are extremely BEARISH, currently at a 88% SELL opinion.
http://barchart.com/snapopinion/stocks/CCTC
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p51963296316
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
It's good for .15c any day now.
Could this be CCTC ???
Just received this at 8:45 am.
An alternative energy play that's ready to run AGAIN!
This Stock Could Jump Like a Coiled Spring!
Good Morning Trader!
This company’s technology could easily become the “new standard” in an already lucrative industry.
And, if its stock does what I think it could do, you could see a lot of cash streaming into your trading account as soon as TODAY!
Be sure to go to http://beaconequity.com/dailyalert/ in 1 hour (just before 9:30AM EDT) to read my full alert on another penny-stock MONEY-MAKING OPPORTUNITY!
Don't be late!
John Baskin, CMT
Chief Market Analyst
Beacon Equity Group
Technical Look for CCTC, Thursday, May 13th.
Refer to 5-Wave "Elliott Wave" Chart below:
http://www.ensignsoftware.net/images/20-4.gif
Wave 3 Impulse Wave (red) April 12th - May 4th
1=.1850c 2=.1060c 3= in progress
Wave 2 Corrective Wave (red) February 18th - March 23rd
a=.1081c b=.18c c=.10c
Wave 1 Impulse Wave (red) February 10th - 18th
1=.05c 2=.035c 3=.13c 4=.12c 5=.42c
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p42482030044
Wave 1 (red)
1=.05c 2=.036c 3=.13c 4=.12c 5=.42c
humblehawk: For what it's worth....
http://barchart.com/snapopinion/stocks/ACLH
I prefer to go against the crowd, and the crowd is extremely BULLISH right now.
http://barchart.com/opinions/stocks/ACLH
http://stockcharts.com/h-sc/ui?s=ACLH&p=D&yr=0&mn=6&dy=0&id=p77558964680
You could split you holdings here you know.
SELL 50% and buy it back on a pullback, and
HOLD 50% for a possible move up to above 0.0729c, and sell when it does.
This is a tricky place to be. It's in a Triangle Pattern, but there is a "Gap" just under 0.03c, that could get filled intra-day today to shake-out the crowd, and then move-up to higher
than 0.0729c.
Humblehawk: For what it's worth....
http://barchart.com/snapopinion/stocks/ACLH
I prefer to go against the crowd, and the crowd is extremely BULLISH right now.
http://barchart.com/opinions/stocks/ACLH
http://stockcharts.com/h-sc/ui?s=ACLH&p=D&yr=0&mn=6&dy=0&id=p77558964680
You could split you holdings here you know.
SELL 50% and buy it back on a pullback, and
HOLD 50% for a possible move up to above 0.0729c, and sell when it does.
This is a tricky place to be. It's in a Triangle Pattern, but there is a "Gap" just under 0.03c, that could get filled intra-day today to shake-out the crowd, and then move-up to higher
than 0.0729c.
Important for everyone !!!!
When the majority concensus is BEARISH, that's the time you want to be in the stock.
Today, the concensus reading is extremely BEARISH !
It's 96% BEARISH !
This is the point at which STRONG rallies form.
http://barchart.com/snapopinion/CCTC
Short-Term, 80% are saying SELL. Again, that means BUY !!!
http://barchart.com/opinions/CCTC
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?jumpto=1&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=&addindicator=&submitted=1&fpage=&txtDate=&x=25&y=7
Here is what came up on my screen last night,
http://www.stockta.com/cgi-bin/screen.pl?cobrand=&price=.01&price=.21&volume=250000&volume=50000000&country=US&technical=stochIndex%3C.5+and+stochIndex%3E%3D.25&technical=overAnal%3C%3D-.25+and+overAnal%3E-.5&action=Display&orderTag=%20price
Reset Screen Refine Search US Only Canadian Only All
Symbol price volume Overall Analysis short Term Analysis Mid Term Analysis Long Term Analysis stochIndex overAnal
AEXP 0.21 441,000 -0.31 -0.43 -0.21 -0.31 0.25 -0.31
AMCG 0.16 259,800 -0.27 -0.19 -0.46 -0.16 0.25 -0.27
HDVY 0.14 1,152,900 -0.33 -0.30 -0.32 -0.36 0.25 -0.33
CCTC 0.12 2,632,900 -0.26 -0.22 -0.31 -0.25 0.25 -0.26
DCGN 0.07000 15,769,900 -0.27 -0.21 -0.33 -0.27 0.25 -0.27
CYNX 0.07000 452,100 -0.39 -0.29 -0.50 -0.38 0.25 -0.39
daytrader2004: I run a "Screen" each night,
to see what looks good.
Here's the link to the site I use.
http://www.stockta.com/cgi-bin/screen.pl?action=Form&cobrand=
It's FREE.
I use two of the variables on the screen,
(Stochastic Analysis and Overall Analysis.)
I enter Bearish for the Overall, and Bullish for the Stochastic.
This gives me a nice "Positive Divergence" list of stocks from which I can then look at more closely.
At the top of the site, I enter the price of the stocks I'm interested in, for me that's .01c to .21c, then the volume, I enter 250,000 to 50 million shares.
stevesc: Thanks !!
These figures are for,
AGEN, not CCTC !!!
AGEN will move up above $1.72 any day now!
http://stockcharts.com/h-sc/ui?s=AGEN&p=D&yr=0&mn=6&dy=0&id=p03301252254
The "Swing Target" could be $2.53 minimum !!
Calculation:
$1.72 - 0.91c = 0.81c, $1.72 + 0.81c = $2.53
I would enter a SELL order for $2.25, to make sure I got it!
Good Luck !!
I have been watching a lot of stocks,
and pay close attention to their patterns.
CCTC has a similar pattern to many of the stocks I've watched.
Many of these stocks have formed the "Bullish Flag Pattern".
This pattern, in reguard to many of these stocks, formed over a
10-14 week trading channel, after the flag pole formed.
Currently, CCTC has been in a 12-13 week channel.
This is why I am expecting the BIG move to happen soon, and have been expecting it over the last several days.
CCTC is "primed to go up" any day.
Every day it fails, I see the chance for the next day for it to happen, because it is so close.
Right now, I can see the chance for a sideways move to up slightly, to 0.13c today, then a BIG move up tomorrow Thursday to perhaps 0.26c, and then a strong follow-thru on Friday, to 0.74c
my "Swing Target".
Yes, I agree that NEWS is needed.
Technically, the chart is telling us that NEWS is "Imminent", because, the price of a stock tends to go down in advance of the NEWS announcement. CCTC is well positioned for this upcoming move up, because it has been brought down in "Elliott Wave" fashion, and is nicely set-up with regard to the MACD Positive Divergence over the last 3-months, and the "Bullish Flag Pattern".
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p45855704605
Selfdefending: Thanks!
daytrader2004: If you're still holding shares,
it will move up above $1.72 any day now!
http://stockcharts.com/h-sc/ui?s=AGEN&p=D&yr=0&mn=6&dy=0&id=p03301252254
The "Swing Target" could be $2.53 minimum !!
Calculation:
$1.72 - 0.91c = 0.81c, $1.72 + 0.81c = $2.53
I would enter a SELL order for $2.25, to make sure I got it!
Good Luck !!
An "Elliott Wave" view of,
the move from May 4th at the low of 0.1060c to the high of
0.1460 on May 10th, and the drop from 0.1460c, down to yesterdays low of 0.1100c
This was a 1-2-3-4-5 Impulse move-up, followed by an A,B,C corrective move down.
See below chart for explaination:
http://www.optionsoutlet.com/trading_technicals/images/improv25.gif
IMHO,
this is the first wave, of the next 4-waves up.
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=1&dy=0&id=p25256523035
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p93167874433
On one thing you can be certain,
CCTC has delivered gains for shareholders many times over the last 3 months, by letting them know about upcoming news.
They have let us know about magazine articles, given us dates and other events as well.
One "old saying" on Wall Street is "SELL on the NEWS".
If you were to have sold at the release of the news, you would have made "real profit", several times already.
CCTC has been in a "channel formation" for 12-weeks now, since it peaked out at .42c.
A move from the bottom of the channel at .108c to the .18c high of the channel was 80% gain.
Another move from the bottom of the channel at .10 to the .185c high of the channel was 80% gain.
Still another move up from the .106c bottom of the channel to .146c the other day, was a 40% gain.
In each situation, having "sold on the news", was the prudent action to take!
"You will never go broke taking a profit".
Also, BIG moves up usually happen on NEWS that the market doesn't know about. This is the reason shorts get squeezed. They are not prepared. Up til now, the shorts have been prepared, because they have been given advance notice by the CEO's PR's, all of which have been "fluff".
The "really BIG PR", will not come out with an advanced notice, but, will come out by complete surprise instead.
Regarding Removal from Short List,
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p54629034622
CCTC was removed on Feb.10th
Stock went from .034c to .42c in 6-days (more that 10-fold move)
CCTC was removed on March 15th
Stock went from .10c on March 23rd to .185c on April 12th (80%)
CCTC was removed on May 10th
Stock went from .106c to ____________?? (7-fold move)
This next move up, because of being removed from the Short-List,
could carry it to my target of .74c.
daytrader2004: If you can, hold on!
It may get a POP-UP today, tomorrow and Friday.
I'm still confident of a "Swing Move-up" to .74c
.42c - .10c = .32c, .42c + .32c = .74c (Swing Target)
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p54629034622
Technical Look at CCTC today.
http://www.stockta.com/cgi-bin/analysis.pl?symb=CCTC&num1=569&cobrand=&mode=stock
http://www.ensignsoftware.net/images/20-4.gif
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p09823798170
Wave 1 (red)
1=.05c 2=.036c 3=.13c 4=.12c 5=.42c
Wave 2 (red)
a=.1081c b=.18c c=.10c
Wave 3 (red)
1=.185c 2=.106c
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p76367738215