Chart, page-2177

  1. 4,143 Posts.
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    @W3hunter
    CCR looks like another good example of what you mentioned with the 12 month high (just a smidge short for the first peak).

    We have that long bottoming process, quick bounce up to the 12 month high, 50% fib support, ema cross and support. Now for me, the down trend line is stronger when it's not as steep, we had volume spikes within the consolidation, then we get that big gap over the trend line.

    I think this is a candidate for a simple breakout trader i.e. Darvas boxes or the like, in theory this should ride the ema's for quite a distance. Like ZIP or TTT.
    TTT has been tagging the 65ema perfectly, however it looks to have rejected the last 61.8 fib level.

    https://hotcopper.com.au/data/attachments/6401/6401380-5a00108fb4256c8d85118ab31d75d959.jpg
 
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