Friday, June 25, 2010 7:49:35 AM
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p66652330878
Reason why it will move up soon:
Since June 11th, the price has declined, and gone below support of 0.062c, at the same time, however, the indicators, RSI, CCI and Slow Stochastic, have been trending UP, in the opposite direction.
These opposite directions mean the price decline is deccelerating.
Anytime a stocks price falls below a support level, whether it's one day, two days, or three, or four days, the price will go up and test the support level. You can see in CCTC's case, this has happened many times over the last 3-months.
The stock is at a point currently, where it has fallen under support of 0.062c, and has been under it for the last 3-sessions.
We have 3-indicators that are saying the stock is about to turn UP.
Right now, is where you want to be in the stock, while it's under support of 0.062c, because it will soon move up above that level.
It may move up .01c, .02c, .03c, or higher. The percentage and size of the move up all depends on the kind of NEWS that is released, if any, and the amount of volume.
My point though, is this. The stock is going to move up soon ,because the indicators are saying this.
Hope all this info makes things clear for folks.
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