CTO ... has pulled back to a significant low in May each year, since 2004 ..... :)
In May 2005 a double bottom was confirmed with the May 2004 lows, just before rallying from 10-to-58 cents.
Right now, CTO is also making a double bottom, around .165 cents, with increased volumes evident, in 2009.
With two significant and positive time cycles expected to be triggered over the next couple of weeks, CTO seems to be technically prime for lift-off ... !~!
