weekly chart

Hi folks

Wow this has been a long and grinding downtrend, certainly one to test the most fervent holders but it's interesting to see that there has been a bit of a change in behavior on the chart. Volume has still been coming in on the wrong bars but supply hasn't been very prevalent for a while and the .165 level seems to be firm support. We are right at the edge of the channel, next week we should either see a break to the upside and bust out of the down trend channel or break down further and stay within it. Time will tell.

Cheers

CCC WEEKLY CHART