Replies to post #43 on IFM Investments Limited (ADR) (CTC)

[Smilin_B]

CTC is .05 away from testing it's first level of resistance at the $1.80 level

All she needs is slightly higher volume when that occurs, and we'll be over $2 in a day or two.

In in from the low $1.30's and have been using the 20, 50 & 200dma lines as a decent support area.

See for yourselves

[Smilin_B]

It appears you and i are the ONLY ones that identify what's going on here.

CTC just broke thru the very first level of resistance ($1.80).

see chart below then my further comments:



I realize earnings are tomorrow, and that most (if anyone's watching this with us at all), may be waiting to review those numbers.

The fact remains that CTC has yet to really sell back down significantly from prior resistant break attempts.

I'm loaded in the low $1.30's and if the numbers are decent tomorrow, I'll be adding to my core position and riding this one back up for large gains.