CCC 0.00% 0.1¢ continental coal limited

This is more information that was said...I just wanted to back a...

  1. 131 Posts.
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    This is more information that was said...

    I just wanted to back a few of the boys in here on a coal play they have been trading
    the range on the last few months. I have done my own longer-term charting analysis
    and think it is a standout speculative play.
    Firstly, let's take a look at the chart below. It is a 5 year weekly candlestick chart that
    shows the downtrend it, and the broader market were in throughout 2007 and 2008
    falling from its high's of 25c in 2007, to its lows of roughly 4c April/May 2010. Since
    then it made a strong break of this downtrend in July and, at this same time, the
    volume also really started to come back into this coal minor. CCC

    Sorry I can't post the chart
 
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