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Sunday, April 25, 2010 8:02:43 PM
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
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