I dont see a retrace. There is distribution happening (which is a retrace in itself) over the last few days on excellent absorption volume hence the green days, however I expect the range to stay within 9c to 10c as each forward daily low be slightly higher, hence the ascending line of daily lows.
I am watching closely the daily low prices and expect this to be slightly higher everyday to respect this line and to allow a orderly transferance of shares between sellers and buyers. IMO
CLA Price at posting:
9.4¢ Sentiment: Buy Disclosure: Held
