CCV is one I have been watching for a while on my bottom feeding list.
What caught my interest was the break of a down trend to a distinct resistance level that rang alarm bells when it was broken.
To me it looks like a mark up occurred which then has had a brief re-accumulation and is now continuing on with the mark up.
On the daily you will see it broke out on a huge increase in volume with the following 2 days receiving minimal volume.
I thought to myself, if I was a breakout trader, I'd of been stopped out but the volume doesn't support the breakout being dumped. So I flagged this as evidence of buying/accumulation.
In summary: One last test for supply, no more, lets go.
