RE: dtrader7, Dice2. --- CHART...hi rk,
so far, it is holding 43.80 support and close to that immediate 44.80 resistance. In order for CCO to break out, it needs to break a higher high above 45.95 line. If so, then top is wide open. Otherwise, momo run here is limited to 44.80 on the immediate front.
On teh chart below, I have indicated the tops of each run and th epull backs. As you can see, it does have room. BUT... MUST break the last high [45.95] in order to start moving to $50.
Break 44.80 1st and then 45.95 and it's on. Otherwise, one of these two lines is top for now.
Cheers...
D2