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Message: Re: Technicals....

Jul 29, 2010 01:33PM

Haven't shown my face here the past couple of weeks, but there was hardly anything new to say about the technicals. Now there is.

Bollinger Bands in daily chart also showing some possible resistance, but looking at the overall picture, I wouldn't be surprised if CMM tests the April highs before Autumn starts...

Weekly chart is looking even better and the uptrend in the weekly chart is very much intact with RSI having hardly shown readings <50.

I am very bullish now and my views are strengthened by yesterday's news and high volumes since the news...

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Jul 29, 2010 05:16PM
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Jul 30, 2010 10:00PM
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