Weekly view of CCC could be in abc corrective mode of 5 wave advance from the July 2 2010 low. Stochastics heading to oversold territory so watching for a cycle low. Sitting right on the 50sma and 38.2% fib down at 7c.
Daily showing correction of last leg up is now at 50% fib of 7.8c coinciding with historical support Nov 2010. 61.8% fib at 7.4c. 50sma down at 7.6. Stochastics have room to the downside. 7.8 is support so time will tell. My head says bottom but my gut says down. Anyone else have these battles of indecision?
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