Highest CTIX price ever! Highest CTIX closing price ever!

Nice close near the tip!

Another Bull Pennant/Coil resolving in the direction of the underlying trend, which is up. First coil formed in 3 days and resolved the 4th, this one 4 days and resolved the 5th and 6th. Often they take longer.

Wave 3 just 2 cents short of my Wave 3 Target A. (I consider that close a hit)

Now we need a couple days closing above $1.50 to confirm that as having morphed from resistance to support. $1.36 is the new proximal support and should contain any weakness should $1.50 not hold.

We are now tied with the September rally for the most days with above average volume (50MA)

CTIX remains in a parabolic rally and the sharp red diaganol trend line remains intact without being touched for 7 trading days. In about 3 days it intersects Key Resistance at $1.50.

High volume, but not exceptional range, as naturally there is some profit taking at break-out battle lines and all-time highs.

Looking good CTIX

Very strong price action.

Houston, we have lift off!

(Click chart for full size)