AI
Prior to my decision, CTC had trended beautifully higher (to $2) but now due to what's going on in the Chinese economy, all the china stocks started re-selling off again.
Once we can see some stabilization over there, I'd revisit CTC
The absolute stop/loss point for anyone invested, should have been at CTC's 50dma line ($1.68)
Thru that level, then you had the 200dma support @ $1.60
That was also breached, so now both those former support levels will now act as resistance.
$1.30 should act as the first level of substantial support, but without a catalyst for a reversal there, we could just trade sideways to down on low volume.
Recent CTC News
CBD Life Sciences Inc. (CBDL) Launches High-Demand Mushroom Gummy Line for Targeted Wellness Needs, Tapping into a Booming $20 Billion Market • CBDL • Oct 31, 2024 8:00 AM
Nerds On Site Announces Q1 Growth and New Initiatives for the Remainder of 2024 • NOSUF • Oct 31, 2024 7:01 AM
Innovation Beverage Group Receives Largest Shipment of its Top-Selling Bitters to Date in the U.S.-Ready to Meet Growing Demand from Expanding Distribution Network • IBG • Oct 30, 2024 12:22 PM
Element79 Gold Corp to Update Investors on the Emerging Growth Conference on October 31, 2024 • ELMGF • Oct 30, 2024 9:08 AM
CBD Life Sciences Inc. (CBDL) Announces Grand View Research Report Findings on High - Growth CBD Equine Market, Aiming to Drive Unprecedented Shareholder Value • CBDL • Oct 29, 2024 10:19 AM
Integrated Ventures Announces Partnership And Lease Agreement with Driptide Wellness - Leading Health and Wellness Provider. • INTV • Oct 29, 2024 8:45 AM
