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Strategies & Market Trends : Charts on Near Term Uotrends -- Ignore unavailable to you. Want to Upgrade?

To: Jibacoa who wrote (849)	8/17/2005 5:53:22 PM
From: Jibacoa	Read Replies (1) \| Respond to of 1404

CTTY had a good move today with no upgaps.<g> It seems the stock is getting ready to get off its nearterm downtrend coming from its June 21 H of 22.58 although the upgap of that day was only partially closed.<g> The revenues on the 1stQ were again much lower than in 2004 (94% less or $0.03M vs. $0.46M) but the loss was essentially unchanged and the company says it is planning on going ahead with is purchase of Loyalty Magic. CTTY reportedly has around $2.25 in cash/shr and no significant LTD. The stock needs to close above the resistance at the 14 level. Today it was up a modest 36.2% <g> bigcharts.marketwatch.com From a longer perspective the chart remains "interesting".<g> bigcharts.marketwatch.com