Ultimately, it is only the earnings of companies that move their share price - in the long run. Charts must reflect this overtime.

CCK is a stock you could examine to practice what we teach in our intro to the stock market classes; ie obtain the annual report, see what the business does, have a look at its history, even test the product lines if you can. In this instance, the chart has come down to reflect probably what the company has left in the bank, its cash value.

Here is where charts can help. You don't have to be an expert accountant to analyze this company, let the market do this for you. My chart attached has lines drawn on it, lines of accumulation. If the upper line breaks, you can say the market opinion is one for improving fundamentals (better earnings to come). Gannspeak; a break of accumulation.

Patience to trade the right opportunity makes for profitable trading. Watch and wait.