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Monday 11 July 2011

CCTC @ .02 - Possible H&S bottom. A lot of stress on "possible". Before making an entry here one should wait for formation / reversal confirmation because if it were to fail the only support is at .015, but catching an all time low reversal can be very rewarding. CONFIRMATION IS NEEDED!!! IMO. (Updated Chart)



July 25

1 comment:

  1. Absolutely agree with you. Though it has made a divergence but until and unless it gives the confirmation we should not go long in this counter. Because it has been going through a long down trend and every pull back attempt should be used as a going short opportunity by the pro trader.

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