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Friday, June 25, 2010 6:16:03 AM
I'm very optimistic, because of the chart below.
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=1&mn=0&dy=0&id=p62594679350
When a stock has an Impulse Move such as this one did, going from 0.034c to 0.42c in a short time frame, you can take that as a
"Finger Print", and they can repeat themselves.
Since the high of 0.42c in February, the stock has been consolidating on lower volume. At some point, the stock will again become attractive to speculators.
I haven't been playing this stock short-term, I'm waiting for another "Impulse Move", then I'm out !
Hind-site wise, I should have been playing this short-term and playing the support and resistance levels, so I could accumulate more stock, but the CEO has been very good at leading me and all of us with his PR's. It has been very tempting to stay in the stock, for fear of missing a big move up. His PR's have kept me in. That's one of his jobs, and he's good at it, I must say.
I haven't wanted to sell because of his good advertising.
Hopefully, we're near the turn soon.
Are you still in ?
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