has anyone got an analysis of the ctp chart ?, page-4

I do not hold CTP but some years ago I traded a few. [back when the company was talking about helium] I do not claim to be a chartist, so hopefully somebody who can throw a more experienced eye on it will respond.

For what it is worth I am putting up 3 charts ... a daily, weekly and monthly.

Overall the 'picture' I get is CTP has recently been traded [exploited?] by short term traders who have sold out of the stock. CTP has now become one for the true believers. [If the fundamentals are good, the next few months might allow for a cheap entry....At the moment 13 cents looks like resistance ... 9 cents looks like the next major support for those who want to accumulate more stock]

I am very specific about the way I use a chart ... if I want to buy stock [or sell] I try to time it according to the momentum. To 'read' the charts I am putting up, the important information is the relationship between the Blue and Red lines. When the blue line is above the red that is positive momentum. Crossovers are buy/sell signals.

I use a chart to decide WHEN I am going to buy, not IF I am going to buy... for that I am 100% FA