Last time I post about CLL here was (sept 11) when was testing the 50¢ good resistance line.
Did pop above and moved to test 57¢ high. (Sept 17)
Then pullback occur testing low .49¢ (Sept 20), and since keep moving slightly higher, and now back to the 55¢ resistance line.
Just add this technical perspective to CLL board…
May be near another resistance test, break or fail, but good timing to keep a close eye.
Will we see the 55¢ being test & breach... (???)
We can see a recent increase in volume last few days, and SP slightly rising to the resistance again.
Good Technical, are still in place.
First time SP sleep at .55¢ since Sept 14.
And since low .49¢ on Sept 20, it’s now moving into a short term ««ascending triangle pattern»»…with .55¢ resistance line to go above…
If we ever break above would need to see strong move in SP ex. (.57 - .58) & volumes… more than average, by mid-day for a clear signal.
As volume speaks…
It’s time to keep our eyes on CLL to see where will be headed next …
On the wait & sees mode again. Patience still...
Just my TA opinion here, please dyodd.
Dly chart: http://stockcharts.com/h-sc/ui?s=CLL.TO&p=D&b=5&g=0&id=p16979000615
Wkly chart: http://stockcharts.com/h-sc/ui?s=CLL.TO&p=W&b=5&g=0&id=p87749337313