CNP 0.00% 4.0¢ cnpr group

calling dingo, page-3

  1. 6,368 Posts.
    hi eMark,

    the red lines are ressistance points,

    i see an opening at around the $0.480 area as well,

    the charts says it has some ressistance ahead of it after that,at nearly every 1/2 cent point all the way to $0.535,

    so in my view we may need an announcemwent to break through all of the above,

    in addition to that we have support from my medium term indecators and the macad is in the bullish zone,

    we have a riseing stochastic,

    as well as the riseing RSI,

    and great volume as well,

    from a T/A point of view folks,
    we need more strong buying to get through of this area that we are heading into,
    and it would not supprise me if we close on a red candle,

    now that the T/A is out of the way,
    i would like to take the story into account,

    and then we may see some stong buying after all,
    and break through all of the above,

    (and this is what we all wont of course)

    cheers,

    <<:-)))))


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