CCP Update from the 25/6
Comments from the 25th June 2015
A new breakout on CCP. Part of a strong financial services sector.
CCP is in a primary Up trend with a strong breakout over $12.
Often these breakouts will see the sellers retest the break level, in this case $12.
This leads to a buying opportunity at these levels.
From the retest of $12 today the breakout has occurred, inline with the primary trend.
With the returning strength in the financial sector, this breakout sets up a price target of $13.10
Primary trend is UP.