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Re: None

Thursday, 07/07/2011 4:54:25 PM

Thursday, July 07, 2011 4:54:25 PM

Post# of 9963
CHINA CRESCENT ENTERPRISES (NASDAQ:CCTR)
Downtrend Up Arrow Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.

Based on a pre-defined weighted trend formula for chart analysis, CCTR scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend):

-10 Last Hour Close Below 5 hour Moving Average
+15 New 3 Day High on Friday
-20 Last Price Below 20 Day Moving Average
-25 New 3 Week Low, Week Ending June 11th
-30 New 3 Month Low in March
-85 Total Score

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