I was just throwing a bit of fun out there when I mentioned the likeness to a hole in the ocean.
Seriously if you were to only look at trend lines and nothing else CCC has hit and formed a new upward trend line on a weekly chart.
Firstly, I am especially happy that as of right now before the week concludes our weekly is currently a goji and that today closed as a goji after a downward run. IMO this is looking good for a turning point.
.033 28/6/10 .05 14/3/11 .057 2/5/11
Insto's are back to their original buy area and would want the stock to move forward......If there are any left and that's debatable, depending on your source.
I reckon CCC is finally gonna move forward IMHO.
GL all
CCC Price at posting:
57.0¢ Sentiment: Hold Disclosure: Held