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trader53

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trader53

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Re: None

Friday, 03/12/2010 5:48:52 AM

Friday, March 12, 2010 5:48:52 AM

Post# of 64323
Since Feb.10th, CCTC has had higher lows.....

...more recently, since Feb. 24th, CCTC has had higher lows and higher highs, even though they've been small.

Make no mistake, with a rising set of moving averages, pps, and MACD line, this price pattern is BULLISH !

One can view this as a Pennant Formation, or a sideways symmetrical triangle.....both are BULLISH !

IMO, CCTC will see a one, or possibly two day spike, or spikes when the price breaks out of this pattern.

http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=1&dy=0&id=p28950375022

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