CTCM needing a $24+ close

CTCM mentioned yesterday, a clear break of an upper trendline yesterday and now the 24 mark. Very volatile remember.

Update on Wednesday, September 20, 2006 at 06:20PM by Demi/ YourPersonalTrader

Continues to be the volatile trade, new highs reached but as usual given back..still a NCHigh. Volume at 800K was impressive for what looked like a nice 60min chart break about to happen late yesterday. Previous high was back in Aug.(1.2M). The break happened early today and flew past its wall at $24 that has been building for a few months. Still want that 24+ close to hold it longer term..like the story here a lot since discovering it last EPS day, don't like the IPO firms involved jockeying the stock around....So will continue to look at this as a trade bounce play until we get a better closing price.