CZZ Re Visited/Clarified/simplified 14/12/2016.

My most recent weekly chart analysis of CZZ stands. This post is just to clarify/simplify that. My stance from all available data to date is that the trading range of CZZ is a potential topping ( distribution) pattern which is yet to be confirmed. The LOW ($15.63) and HIGH($17.00) of last weeks candle may hold the short term key which chart lovers should keep an eye on. Weekly close below  the low of $15.63 may suggest lower prices. Weekly close above the high of  the same candle ( above $17.00 not at) would suggest potential support at current levels and reversal to the upside.

I don’t like what I see may summarise my analysis with CZZ until proven otherwise. 


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