The 200 day simple moving average is like the holly grail of benchmarks for juniors. They always provide a good jump off platform or a good point to which rockets come back to earth.

CJC is just inching it's way above the 200SMA over the last week. Given the price action, I would wager something is up or people are just buying it as a spill over from the other graphite stocks.

http://scharts.co/YIhM8g