ccc departing from the 18.5 stalemate today!, page-53

It's funny how CCC has its finest days of trading when the market is having a tough one. Naturally we should expect some profit to be taken here around these levels, as these are the previous highs. The stock managed to push its head above the 23c mark for a very short space of time just before, but it will be more significant when we get a close above that price.

Right now, I'm not too phased if the stock revisits the 19c mark and cushions itself again for another run, next time going to new highs. Then again it could sit around the 21c mark and then go on to smash through the previous highs this week. Either way will suit me fine. Importantly, we now have a higher low on the charts - something we haven't seen all year. It is clear as day in my eyes that the selling pressure is subsiding, and its about damn time as well!