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trader53

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trader53

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Re: None

Wednesday, 04/14/2010 4:05:05 PM

Wednesday, April 14, 2010 4:05:05 PM

Post# of 64330
The chartist mentioned the "Descending Triangle".

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


In earlier posts I mentioned this as a possibility, and that the triangle can have both a BULLISH and BEARISH outcome, depending on the support.

Let's hope that the BULLISH outcome is in the cards, shall we.

I suspect that a retest of .11c support will bring some buyers in, and that we will have a better view of where the stock is headed.

http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p84735782999

http://ih.advfn.com/p.php?pid=ihvView&y=OFhniEjvlKE
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