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Monday, December 17, 2012 12:40:07 PM
CTCT another bottom gapper
another bottom upside gapper with next resistance higher at 16 area (+17%)
BREAKOUT CONFIRMED breakout above 13.67, no resistance in area just above.
Type: True breakout from double resistance.
Target: 15.53, 11.9% Stop: 13.15, Loss: 5.3%, Profit/Loss ratio: 2.2 : 1 - Good
CURRENT PRICE 13.88, just above resistance, 13.29 ± 0.37, type double, strength 2
RESISTANCE ABOVE +17.4% at 16.29 ± 0.46, type double, strength 10
+23.6% at 17.16 ± 0.48, type double, strength 6
another bottom upside gapper with next resistance higher at 16 area (+17%)
BREAKOUT CONFIRMED breakout above 13.67, no resistance in area just above.
Type: True breakout from double resistance.
Target: 15.53, 11.9% Stop: 13.15, Loss: 5.3%, Profit/Loss ratio: 2.2 : 1 - Good
CURRENT PRICE 13.88, just above resistance, 13.29 ± 0.37, type double, strength 2
RESISTANCE ABOVE +17.4% at 16.29 ± 0.46, type double, strength 10
+23.6% at 17.16 ± 0.48, type double, strength 6
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