cdu chart, page-56

Plan the trade and trade the plan. Again, well done fluffynymph.

By combining some fundamental "going-ons" with the M&G sell out and technical charting I've been using fibonacci arcs as well as volatility indicators with the weekly charts.

I see $2.70 by the end of next week and, well, ... the fibonacci arc really bounces out to $4.00ish after that, so, I'll be looking very closely at the situation over the next week. The volatility indicator seems to indicate that a reversion to fair value will take place over the next month to six weeks. The CDU volatility indicator has been a good indicator for CDU over the years when there have been major movements as we are experiencing with the M&G sell out.

I don't feel that a bounce up to $4.00 is impossible over the next two weeks with the AGM not that far away, information tends to leak before these events for all companies. I'm still looking for a few more technical confirmations (in either direction) though.

I'm still bullish on CDU going up fast in the short term!