CCC continental coal limited

Gunshow agreed.. the stock is starting to turn.. the last week...

  1. 13,576 Posts.
    Gunshow agreed.. the stock is starting to turn.. the last week or so is showing strength in volume... way more than the last few months..this is a positive and a heads up thats something is brewing underneath the surface..The recent retest on heavy volume was exactly that.. a retest..i call it "the grooming period"..we should start to see buyer build up above .20 shortly there after a break above .22 ..

    To conclude the 30% increase in production was the turning point..CCC have plenty on there plate and as the 3rd mine gets closer to production an aggressive rerating would be on the cards pending and depending on the exodus..


    to add a little more... technical dynamics are a very powerful tool in trying to find turning points..i believe we have found one and a 50% return is not out of the question in the next 4 weeks...

    god bless.
 
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Currently unlisted public company.

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