Interesting now, that the retracement to .016 is exactly 50% of the last run up (to .025 from .007)
An abc trade from here would give us a target .033 with various resistances along the way. A key one at about .024 which is 50% of that potential run, which of course is the last top.
Elliot wave also shows a retrace to where we are now with a run up to .03 or so, with the last part of july as a time frame for part of the run. Pilot plant target production? mmm
It bodes well when more than one indicator gives us the same targets.
CKK Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held
