What i am seeing, potential megaphone formation which would be bearish. Two days now where the sp has attempted to move higher, but is still subject to selling pressure.
Alot of converging trendlines which suggest a breakout could be on the cards - expecting to the downside given most of the converging trends are down. Some strong resistance up ahead.
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- Ann: CCA Trading Update - 12 Decemember 2012
Ann: CCA Trading Update - 12 Decemember 2012 , page-7
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