Reasons for a Reversal
# bullish reversal doji candle
# bounce off 50% fib at 7.3cents
# any insto dumping of issued shares would have occured today
# broker report valuing the company at 12cents at this very point
Reasons for it to fall tomorrow
# weak overnight session in America
# mindless holders???
It appears that CCC has all the stars lining up for a reversal, and whether it does is now out of it's hands. Movement tomorrow will be reflected by sentiment overnight in America. Given that our market took quite a big hit today, it's a good sign that CCC ended up closing even. I would be very surprised, even if the dow had a bad night, if CCC dropped anything below 7.3cents. Looks good, and thank you to the impatient holders who topped up my holding today.
- Forums
- ASX - By Stock
- CCC
- the reversal starts tomorrow
the reversal starts tomorrow
Featured News
Add CCC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online