CCC 0.00% 0.1¢ continental coal limited

chart 241110

  1. 599 Posts.
    Dear CCC Holders,

    I know there are many brilliant chartist here, but I got really excited looking at the CCC chart and decided to share with those who are interested!

    Chart, CCC 241110:



    Looking good.. Breakout coming?

  2. ADX indicates that buying strength is still not that strong giving into selling depths. However, notice that ADX have been lingering below both directional indicators (DI+, DI-) for over a long time, nearly two months. If ADX crosses both DI's from below to reach strong buying strength at ADX 25+ we could see a re-rating within our midst with a more supported buying strength
  3. STOCH and Williams confirming uptrend
  4. Short term trend indicator, the SAR Parabolic tweaked green for the last two days, indicating that we are now in a ST uptrend (note, always been in the LT uptrend for many months now heheh..)
  5. MACD turning, did not break '0'
  6. Boilers (hehe) tightening to choke out sellers, observe the last two brown rectangles, notice that on each occasion the boilers tightened we witness a breakout
  7. Third consecutive triangle breakouts following a long term uptrend channel
  8. Holding well to Fib Support levels around $0.072, and primary support at $0.068
  9. Majority of indicators aligning with the stars.

    Looking great from a TA perspective! All the best to all holders!

    Good night.

    LM

 
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