I can lead a horse to water, but I can't make him drink !
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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
pickemhot: Thanks, okay, I will.
A Rally that I'm referring too, is comprised of 5-Waves.
Todays movement down is the bottom of an A,B C correction, of the 1st of 5-waves.
Each Wave, is made up of 5-smaller waves.
This current "Rally", a 5 Wave structure, followed by an A,B,C corrective phase, is ending today, but will be followed by 2-more waves over the next several days.
So, when I say RALLY, I mean that we are in the beginning of a much larger RALLY.
I hope that's not too confusing.
http://www.optionsoutlet.com/trading_technicals/images/improv25.gif
http://www.optionsoutlet.com/trading_technicals/images/improv32.gif
http://www.babypips.com/images/elliott-wave/5%20wave%20color.gif
http://www.acrotec.com/ewt.htm
Thanks stevesc.
I hope it wasn't too confusing.
It's difficult explaining.
I'd prefer to annotate the numbers and letters on the charts, but I don't have that capability, yet.
Current Rally is underway, and
the First Wave is complete.
http://www.optionsoutlet.com/trading_technicals/images/improv25.gif
On May 4th, CCTC bottomed at .106c, and peaked at .146c.
This Wave was formed in a 1-2-3-4-5 wave sequence.
The A,B,C correction of this wave is yesterdays high of .146c down to todays low of .11c, labeled on the chart below.
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=1&dy=0&id=p54107034500
This first wave will be followed by two more waves.
IMO, this is the first intermediate wave(not labeled), of minor wave 3, within Wave (3).
To recap: Wave (1), is .034c up to .42c, followed by Wave (2) an A,B,C correction, A=.108c, B=.18c, C=.10c
Wave (3), has formed Minor Wave 1, .10c up to .185c, and corrected down to .106c, to form Minor Wave 2.
Currently, the stock is in the beginning of
Minor Wave 3, of Wave (3),.106c up to .146c, down to todays low of .11c, an A,B,C correction. This first wave will be followed by two more waves, and it's possible that we could see these two waves formed over the next 3-days in an "Impulse Move-Up" to the target of .74c, much like the "Impulse Move-Up" that formed from .034c to .42c from February 10th to 18th.
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p79473240039
4- Attempts to rally, since Feb.10th
All rallys, under "Elliott Wave Theory", happen in a
5-Wave sequence.
http://www.acrotec.com/ewt.htm
http://www.optionsoutlet.com/trading_technicals/images/improv25.gif
1st Attempt: February 10th to February 18th ( 6-days )
.034c to .42c ( 5-Waves labeled .034c up to .42c)
2nd Attempt: February 24th to March 8th ( 9-days )
.108c to .18c ( 5-Waves )
3rd Attempt: March 23rd to April 12th ( 14- days )
.10c to .185c ( 5-Waves )
4th Attempt: Currently, May 4th to ____________
.106c to __________ ( 5-Waves )
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p42822371634
daytrader2004: I hope you were able to get into AGEN.
edurk
(from CCTC)
CCTC was removed from Reg. Short List yesterday !
http://www.interactivebrokers.com/en/trading/ViewShortableStocks.php?cntry=regSHO&tag=Reg%20SHO&ib_entity=llc&ln=
http://www.buyins.net/tools/short_list.php?dys=-1
http://www.wisegeek.com/what-is-naked-short-selling.htm
http://www.fool.com/investing/dividends-income/2008/09/22/the-truth-about-naked-shorts.aspx
http://shortsqueeze.com/Naked-Short-Selling.php
Short-Squeeze and CCTC:
http://en.wikipedia.org/wiki/Short_squeeze
More on CCTC removal from Naked Short List...
The stock was removed from this list back on February 10th.
As you can see from the chart below, the stock took off upward, several days later, to .42c
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p59126440703
CCTC removed from Naked Short List !!!!
Naked Short List as of 2010-05-10 - Stocks Off List
Report Generated on Tue, 11 May 2010 05:13:02 -0700
To sort stock lists, click on the header you wish to sort by.
Rec.# Symbol Days Listed $ Last Trade % Change $ Change Trade Volume As Of (EST)
1 TSTC -1 12.220 1.690 638,400 2010-05-11 16:00:00
2 MAGOY -1 8.550 0.550 29,800 2010-05-11 16:00:00
3 CCTC -1 0.128 -0.010 1,980,000 2010-05-11 16:00:00
4 ACUR -1 3.520 -0.050 85,100 2010-05-11 16:00:00
5 VITFF -1 0.707 35,300 2010-05-11 16:00:00
http://www.buyins.net/tools/short_list.php?dys=-1
The stock "Could get a pop-up from this". !!!!
Today is the day. CCTC will JUMP BIG !!!!
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p39049606036
Everything is set-up!
May 15th Friday, the 10-Q is due,
however, the technicals indicate today is the day for the
JUMP-UP!!!
Pay particular attention to the Stochastic reading, and the RSI, in the above chart.
My Target is for a minimum of .74c, and as high as $1.20
Possible "Gap-Up" to .26c today, and then follow-thru day tomorrow.
Weekly Charts below:
http://stockcharts.com/h-sc/ui?s=CCTC&p=W&yr=3&mn=0&dy=0&id=p29296462176
http://stockcharts.com/h-sc/ui?s=CCTC&p=W&yr=0&mn=6&dy=0&id=p54673426994