Trading look familiar?As we saw few weeks ago AVB did the same...

Trading look familiar?

As we saw few weeks ago AVB did the same type of trading, enormous amounts of trading in a very small trading range, this gets the markets attention, once the average holder was set at a higher range the volumes dropped back, trading consolidates for a little & the next surge higher takes place on more genuine volumes of 100mil+ rather then 400mil+


CCC looks set for a similar type of trading pattern higher imo, with strong insto/broker backing, d&d research report suggesting to buy up to .15, & positive news flowing from CCC its all the right ingredients for a move higher

It will drive you crazy trying to trade this while the volumes are so big, millions buying & selling at a time, one minute it looks like its ready to smash higher at 8.5 with the sell side looking less heavy, next minute sell side has millions everywhere & the sp is back to .08 offer, most of the selling down comes from the buyers who paid up to 8.5 as they worry its a pump & dump, next min those sellers see the sp back where they bought it so they begin to chase it to enter back in. Its mind games at its best.

At these levels its a buy & hold, once the washing cylce has finished, the markets attention is captured & the average holder is set at higher prices the move higher will take place on significantly less volume.

Buy, hold, use a stop loss at .068


Always dyor..