Breakout Coming

Hi All,

Have a look at the CL8 chart as follows:



Box/Point 1 – IPO
Box/Point 2 – Goes for a big run
Box/Point 3 – Raises money and falls below 2c
Box/Point 4 – Gets back above 2c briefly and falls just below it before it finally…
Box/Point 5 – Breaks out and goes for a massive run


Comparing this to XTV we can see exactly the same pattern with XTV as the following chart shows:



Box/Point 1 – IPO
Box/Point 2 – Goes for a big run
Box/Point 3 – Raises money and falls below 2c
Box/Point 4 – Gets back above 2c briefly and falls just below it before it finally…
Box/Point 5 – Breakout coming imminently???

Let’s see what happens in the very short term, but I get the feeling that we’ll get a decent contract or two signed up shortly and complete the CL8 copy-cat run in the short term.

Cheers,

GB