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CHL which way is it gonna go? Rate this Topic:
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scottnlena
Posted : Wednesday, January 9, 2008 9:03:59 PM

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Joined: 4/18/2005
Posts: 4,090
 nice long triangle here.  If I had to guess id say it's gonig try to break up.
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Inspector62
Posted : Wednesday, January 9, 2008 9:19:52 PM
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Joined: 3/7/2006
Posts: 244
 I definately agree.  Will probably make a big move soon.  Only problem is it looks like a somewhat thinly traded stock.  Volume is improving nicely.  It is optionable.
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scottnlena
Posted : Friday, January 11, 2008 11:54:38 PM

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Joined: 4/18/2005
Posts: 4,090
 Interesting action on this today.. It's down BUT it didn't puncture the trend line and TSV formed a higher high.  so does momentum (C/C10)*100..

MacD could go either way and dosent give us much here. However stochastics is matchign price with a lower low Vs. Price.  So .. Wilders RSI and RS-SP-500 are prettymuch confirming price... so this is a toss up.  I'd day down at this pont just because if the market continues down it could put a stopper in the move.. So that mean to be proffitable buy it now.  some times I think "contrarian thinking" mean MY thinking.
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