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Replies to #32464 on One Step Ahead

Bo14172

02/28/05 11:31 AM

#32485 RE: joye1 #32464

Joye...

What does your T/A tell us on CCCN? They caught my eye with such a small float, and was 1 of only 2 trades that was profitable out of the 6,345 trades I made last week. lol

Have they reached a plateau or does your T/A still see upside pressure?

I honestly don't use T/A myself as the only indicator on why to buy a stock. BUT, my thought is with such a low floater, T/A can actually be a good indicator of when to enter. It seems low and moderate buying slides this one upwards easily.

If it's not good now, that's fine. I'm just trying to pick up on some T/A indicators that might make this a good play again.

GTG for now...so will check in later to see your response.

Thanks,

Bo





joye1

02/28/05 12:33 PM

#32500 RE: joye1 #32464

Bo...CCCN

The chart has a nice set-up...it's trading just above 50 DMA. Volume today still under 30,000 shares. A little more volume and I think it continues up.

It is getting some attention...so hopefully the buyers will start flooding in ;)

I had an appointment earlier so I haven't searched ihub's site for board noise on it...and I haven't watched L2 activity.

I'm holding and waiting. I think it has room for a nice up move from here.

I did add more PTSC when they dropped it this morning.

CTGLF is another I'm holding and waiting with. The chart is very good...CMF shows money coming in...other positive indicators. This one just needs more volume too...IMO.

Joy