CCC continental coal limited
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possible cup and handle formation

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    29/02/12
    21:32
    Post #: 9773363
    Possible cup and handle formation suggesting up thrust. TA used
    1. gravestone doji on 29th Feb close to Bollinger bottom
    2. Parabolic SAR continuously about bollinger TOP suggesting NO to insignificant shorts.
    3. Sliding downwards daily volume since start of handle formation suggesting supply exhausting.

    So, what could trigger the reversal and validate TA's also work? NEWS/announcements.

    CCC Price at posting: 23.5¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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