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trader53

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trader53

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Re: None

Monday, 04/26/2010 12:12:29 PM

Monday, April 26, 2010 12:12:29 PM

Post# of 64333
Measuring the drop below .13c

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

You will notice that the high on this 5-day, 15-minute chart
is .16c

The support is at .13c

By taking the difference between .16c and .13c, you get .03c.

Next, subtract the .03c from .13c support, and you will get a "possible" target below .13c of .10c at a minimum.

This is called the "swing".

http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p91785771152
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