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A place for friends to gather and view stock market charts, discuss technical analysis and market outlook. What is your Principal Asset? How can it be developed? Each and all should do their own due dilligence and homework before investing. And by no means should you use anything I say or show here as a sole basis to buy or sell securities as everything is for educational experience only.

Saturday, February 27, 2016

CCLP


Yield now over 30% and has consistently paid 3/4 quarters for 5 years skipping 1st quarter every year.

Also check out the Inverted Head & Shoulders Pattern:

Target = (27.50 - 4.00) / 2 = 11.25 + 27.50 = $38.75

Hmmm, the 161.8% Fibonacci is just above that at $41.07

The setup is to buy or add to position on a breakout above $5.75 breaking the topping tail of the last week of Frebruary 2016.

Let's see that's a 30% Dividend Yield and potential growth of 8 times initial...

duh, with a little patience


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