Monthly Chart

Here we see a longer time-frame giving the same patterns and signals, which generally adds to their strength.

We see the all-time high at $1.50 which is now resistance as the red line, with a red arrow at today's bar and the first time the resistance line was made.

We also see the coil effect on the monthly chart, but in this case at long-term key resistance at $1.

We see the coil resolve as expected, with a large range move right through 2 price extension targets from the daily chart, nearly touching the 3rd, with a close and just below Key Resistance at $1.50

Notice how the sharper diagonal yellow trend-line has held up for now, the 4th month, whereas the green diagonal trend-line below it appears to be past its sell-bay date. But even an unlikely (IMO) test of this line leaves a bullish CTIX monthly chart.

Some pause or pullback at this key resistance is likely, but anything can happen as the buyers and sellers will determine the outcome. As CTIX is behaving strongly, we may well see the yellow trend line remain intact next month.

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