Posted On: 01/19/2014 11:55:19 AM
Post# of 2561
CCXI Daily Chart ~ New High and Above the Resistance Point
Since my last CCXI chart post on Jan 11, the stock has moved from 6.26 to a high of 7.23. A rising support line with the horizontal resistance line formation again. Friday saw the stock break over the line and is now beginning the move to close the first of two gaps on the chart in the 8.20s. The second gap is in the high 11.0ss. We'll see how things develop over the next few days and weeks. Our entries in the high 4.00s to 5.70s are beginning to look good after the move of the last three days. GLTA
Since my last CCXI chart post on Jan 11, the stock has moved from 6.26 to a high of 7.23. A rising support line with the horizontal resistance line formation again. Friday saw the stock break over the line and is now beginning the move to close the first of two gaps on the chart in the 8.20s. The second gap is in the high 11.0ss. We'll see how things develop over the next few days and weeks. Our entries in the high 4.00s to 5.70s are beginning to look good after the move of the last three days. GLTA
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