Replies to post #39147 on Circa Pict. & Prod. Co. Intnl Inc. (fka CPPD)

[georgeking23]

If you look at chart inside this message, compare two blue arrows- 1 is close today, the other before the run in April- We are at the same point, also on big volume. The only difference is, all the buying that occurred in Aug, Sept, at .005-.0053. That is the resistance we hit today- alot of those people were selling out- There were alot of big sells toward the end of the day at .0051. Once those sellers are cleared out, which should be by early tomorrow, we should really take off! Chart now shows a strong uptrend..There is a bit of resistance at .0075, but not much..

http://stockcharts.com/def/servlet/SC.web?c=qbid,uu[w,a]daclyyay[pb50!b100][vc60][iub14!la12,26,9][J...

[mr_geronimo]

Doesn't this move accompanied by relatively low volume signify a pretty important change? I would think that it means the lack of daytraders, flippers, etc. involved in the activity, and instead individuals that are truly interested in acquiring and holding.

Comments, anyone?

Cheers