CCO 12.5% 0.9¢ the calmer co international limited

Newbie question! Investing during a spike, page-9

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    Usually after a big gain as we have seen (80% plus), people will take profits and sell into that. So its to be expected once momentum falls off that the price will retrace a little. In this case it looks like we are settling on a ~ 22 cent base for consolidation until the next major news catalyst to push higher, and perhaps the previous resistance level ~30 cents will become new support and new highs could be established. Depends how good the news is! But i think the general consensus around here is the next quarterly will include sales from the recent arrangements with Blackmores and Coles, so it should be pretty good.
 
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