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trader53

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trader53

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Re: None

Thursday, 05/13/2010 2:00:12 PM

Thursday, May 13, 2010 2:00:12 PM

Post# of 64334
We now have a "Positive Divergence" set-up!

Price dropped below support of 0.1060c and is sloped downward,

while the MACD Line is rising, and sloped upward.

( Both are now moving in opposite directions ( Divergence ).

This will set-up and eventual reverse in the price trend.

http://www.stock-charts-made-easy.com/bullish-divergence.html

http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=1&dy=0&id=p45464161242
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