CTIX Daily Chart

New CTIX all-time high $1.59

Three day confirmation of the break-out from the coil and the parabolic rally is continuing. Even the red diaganol trend-line has not been touched again yet. (I've increased the angle to accommodate this rally. Tomorrow it intersects support at $1.50)

Former Key Resistance at the prior all-time CTIX high of $1.50 is now closest support. Will the price action toy with this line? Or will the rally continue its parabolic rise?

In the past, we've seen no more than three days without a body in the 5MA. Today is day 3 again, will that micro-pattern hold?

Within 1 penny of my Wave 3 target A. The wave 3 is confirmed!

And yes, as mentioned by noretreat, I've had to adjust the scale on my CTIX chart to fit this rally on my chart. o_O

(Click chart for full sized)