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Friday, May 22, 2020

CCT

Wah, close unchanged at $1.62 with a bullish pin bar,looks positive!



Likely to retest $1.67 again!
Breaking out smoothly plus good volume that may propel to drive the price higher towards $1.80 level.

Pls dyodd.

Chart wise, looks bullish!
Today it has broken put the major resistance at $1.62 coupled with high volume and close well at $1.64 this is rather positive.


RSI is rising up nicely plus current price is staying above its SMA lines high possibility it will continue to trend higher.


Short term wise, I think it will move up to test $1.70 with extension to $1.78 level.



Not a call to buy or sell.
Pls dyodd.


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