CCC 0.00% 0.1¢ continental coal limited

february 15 ccc charts, page-23

  1. 6,591 Posts.
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    You seem to be spending a fair bit of time on the CCC threads today for a non-holder. Getting a bit anxious that your order won't get filled hey bbj? Where is it? 6.9c? 7c?

    If it doesn't touch those prices in the next few days then it never will. That said, I don't like your chances all together for a few reasons.

    Today has given another low volume test of support, this time at 7.1cents which I highlighted further up this thread. One thing that cannot be denied is that the volume on the retrace has been notably weaker than on the rise up to 9cents, and this is good for longevity in a general uptrend. Furthermore, the lows so far this week have brought the weekly stochastics down to the divergence line that I discussed the other day. Given that the daily chart is very oversold, I would be thinking we are just about at the bottom now.

    So what's it gonna be bbj? Moving the order up just in case? What's 0.1-0.2 cents when we are looking at multiples of these prices over the next few years.

 
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