CCM is reaching its potential target soon. The circled area represents zone of accumulation and the horizontal line represents the line of resistance where selling was first thrown onto this stock. The speed and angle of advance suggest that the big players are winding up their bull campaign soon. This is not a typical bull market. Should the price reached the horizontal line, look for major selling from the big players and follow their course of action and that is to take profit and sell short.
Ronald K
