InvestorsHub Logo
Followers 6455
Posts 162925
Boards Moderated 4
Alias Born 06/04/2009

Re: JB61 post# 14946

Friday, 04/30/2010 9:33:06 AM

Friday, April 30, 2010 9:33:06 AM

Post# of 64330
Charts are a reflection of everything that is known, and unknown.

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.