technically, that's the bottom?

CTP MLY Chart:
1. A study of the Monthly Chart reveals the significance of the various Fibonacci Levels?
[Blue dotted Fib. Levels]
2. The 50% Level is clearly defined by Open and Close Candlesticks and the AUG. '08 ~High?
3. The 78.6% Fib. Retracement from the 23.5c high / 5.8c Low has been tested?
Technically, this can be a very strong Basing Support Level?
[I would expect a Basing Pattern to form at this Level.
The Base would probably take 15 to 45 trading days to form.]

CTP DLY Chart:
1. Indicates 'Oversold' in the Uptrending Channel?
2. At or below 10c would be a very good buying level?
[Exact Fib. 78.6% Level is 9.59c]
The DLY Sell Off Volume has been far less than previous 'Dumps'?
[see JUN. and OCT. '09 Daily Dumps of almost 40M]
3. Note the JUL / SEP '09 Basing Pattern
[43 Days].

[I will wait till the Basing Pattern forms, and perhaps buy some more.]
Cheers,
U2