CCC continental coal limited
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Bad Chart?? No wayChart indicates to me oversold, then...

  1. Perpetual8
    128 Posts.
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    02/12/11
    14:09
    Post #: 9382373
    Bad Chart?? No way

    Chart indicates to me oversold, then consolidation then a spike and the retrace to a double bottom.

    Low volumes at the bottoms and now getting ready to breakout.

    Last top on the slow stochastic was higher than March 11 and the retracement was higher than the last bottom. Indicates STRENGTH and a buying opportunity.
    CCC Price at posting: 20.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 10  Upvote
    lightbulb Created with Sketch.  Great analysis
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