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trader53

05/07/10 9:13 AM

#16011 RE: jbbrocky #16006

No BUYING Conviction this week, so

IMO, there is a very good chance that the stock can go to .097c today !

http://realtime.bigcharts.com/chart.asp?symb=CCTC&time=5dy&freq=15mi&compidx=aaaaa~0&lf=268435456&ma=0&uf=0&lf2=0&lf3=0&type=4&style=330&size=3&mocktick=1&35736


http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p60784257789

It really is no major concern to me though if it doesn't go to .097c. Technically speaking though, I believe it will get hit to set up the Positive Divergence, and scare weak holders and bring in strong buyers, because .10c is Key Support.

The thing that is most important here, is that everyone who wants to capitalize on a big move up next week and the following week, should be either taking a position here at this price, or adding more to their current holdings.