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trader53

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trader53

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Re: None

Friday, 03/26/2010 12:57:26 PM

Friday, March 26, 2010 12:57:26 PM

Post# of 64330
If we go down to .13c, then I would interpret this as a "Descending Triangle" just as the below link illustrates, and in which case, there are two scenarios. Either is goes down below support of .13c, or it busts out to the upside. Currently, you can clearly see that .13c is support.

http://www.thehotpennystocks.com/Learn-To-Trade/descending-triangle.aspx

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
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