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Friday, April 30, 2010 9:33:06 AM
Chart patterns also reflect these factors.
Again, stock prices usually go down before "Good" news comes out.
When I see a stock falling, I look for a 1-2-3-4-5 sequence down, and I want to buy the stock at the end of the "5", when it goes down under a recent support. That is where the "Good news" usually comes out.
Currently, I expect that when CCTC goes below .10c support, it will have then fallen to the level I expect to see the significant news come out.
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