Well it took some doing but the $4.50 level has finally been breached and now becomes our support level. Here is my sharpChart
CLL.TO - SharpCharts from StockCharts.com
From all the positive signs in the indicators (there is nothing negative) the major event today is the recrossing of the 50dayMA over the 200dayMA...this is always a bullish sign.
From the P&F chart you can see how we cleared the resistance level ...this $4.50 becomes our support...though admittedly a bit tenuous at this point. However there is little resistance now until $5.30
The 5 day line chart shows we recovered nicely from yesterdays dip
We may have some minor difficulties getting over $4.60 but it won't be near as difficult as getting over $4.50