I dont invest based on tech/a, and this post will probably show...

I dont invest based on tech/a, and this post will probably show why

But my observations of CCV are as follows:
1) 100 day MA is very close to crossing above the 250 day MA. This has not occurred since June 2012. I'll let you go back and have a look at what happened after. Anyone interested should also have a look at Feb 2009 and Dec 2010.
2) The downtrend is on the precipice of being broken. My loosely drawn trend lines indicate that price is at the top of the range after a very quick and shallow pull back post the unsuccessful test in May.
3) Looking at a weekly chart, it is easy to see that volume has been trending down since the falls from 1.20 down to 0.90. With the price trending slowly up on falling volume - VSA analysis might suggest that the selling pressure is not evident and the stock is in accumulation mode.

I am interested to see if price smashes through the current level with a bit of volume, this would confirm the 100 day MA crosses the 250 day MA, the downtrend would be broken and confirmation that buyers are in control.

Of course, the results are out next month - which will affect all of the above, however CCV share price has (in the past) had a notorious habit of moving in advance of any market sensitive news.

Regardless, my ability lies with analysing and valuing the underlying business - this post is merely a bit of fun and something I'll be watching for interests sake.