ASX:CCA - Micro cap, fantastic setup

At a market cap of only $17M, ASX:CCA has presented a high risk/high reward trade opportunity.

Here's why I'm bullish:

• Location: Reload zone
  
• Structure: Double bottom off the 786
  
• Divergence: Div in OBV, Willy (coming out of stupid), confirmed histogram div + RSI div (crossing over 50)
  

Let's get it!

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Trade active:

Bulls waking up

Trade closed: target reached:

Trade closed at resistance, may re-open again on the retracement to the top of the green box.

Buy: 0.165
Sell: 0.235 (+42%)