Sunday, April 25, 2010 8:02:43 PM
Bearish move ahead for CCTC.
Chart indicates downward price action:
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p72012287758
* money flow leaving or selling; coming out of issue (MF going down to 20 area; that is usually area where one may think about going long bc that is when money comes out and it is usually a "cycle" and comes back
* showing signs of distribution; generally not a good sign. Shows prices (maybe) are invevitabley high
things can change..but so far from the chart
it looks like .05 - .10 may be tested.
would say hope there should be support around .10 - .11
*trend lines broken 2 so far....gives rise to further PPS decline
check back with the chart to see how it changes daily with the volume and how the indicators are affected
JMO
Chart indicates downward price action:
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p72012287758
* money flow leaving or selling; coming out of issue (MF going down to 20 area; that is usually area where one may think about going long bc that is when money comes out and it is usually a "cycle" and comes back
* showing signs of distribution; generally not a good sign. Shows prices (maybe) are invevitabley high
things can change..but so far from the chart
it looks like .05 - .10 may be tested.
would say hope there should be support around .10 - .11
*trend lines broken 2 so far....gives rise to further PPS decline
check back with the chart to see how it changes daily with the volume and how the indicators are affected
JMO
Recent NSGP News
- Form 8-K - Current report • Edgar (US Regulatory) • 02/06/2026 02:00:22 PM
