1. Positive break above down trend line 2. MACD break above Zero line 3. DMI+ crossed above DMI-
Stock looks likely to head for upper line of up trend channel.
Biggest risk: general market risk.
Dow is severely overbought with an RSI.14 of 75.
Weekly Slow Stochastic on XAO has crossed below its signal line and below the key 80 level. Negative divergence on the MACD Histogram. General market risk is high.
The daily action on CCC looks good - but - as always - don't take anything for granted.
It looks great if you hold already.
If you don't - and the general market holds up - buy the dips.
Good luck Red
CCC Price at posting:
84.0¢ Sentiment: None Disclosure: Not Held