CTIX Daily Chart New CTIX all-time high $1
Post# of 72440
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)
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