Well fingers crossed this is the day we've been waiting for. It was low volume narrow spread sitting right on the trend line, refused to go below 6.6c all day and has the bar from yesterday which was on reasonably high volume sitting right behind us. It wasn't a perfect setup but pretty close so I dived in for more right on the close and we shall see what tomorrow brings. Certainly wasn't a flood of sellers on the close for a change, was a bit worried I wouldn't get filled there for a moment or two lol
Would be great to see a bit of a rise over the next few days maybe to the 7c mark oin some good volume but nothing excessive, that would give us a nice looking weekly chart.
Cheers and tight stops
CCC Price at posting:
67.0¢ Sentiment: Hold Disclosure: Held