RE: US Stocks - Watchlist and Discussion (Premium)
CCXI - highlighted back in December when it made it's early Stage 2A breakout attempt, and has since consolidated higher working through the resistance range and on Friday attempted to make it’s initial Stage 2 continuation breakout through the resistance highs.
It closed this week above the early 2014 highs at $8.48, but was just short of clearing the December spike highs. And so it needs to see a weekly close above $9 to confirm on P&F and monthly charts, as it's still a little short on those, as the P&F chart needs a close above $9 to give a new double buy signal, and price is still below the 30 month MA, which is at $8.55 this week.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.