CER centro retail group

back to low 6's, page-14

  1. 33 Posts.
    Hi All, just my 2c or should I say me 6c worth.

    I thought that CER was going to get murdered today and jumped ship early ( I was born in the year of the rat lol). To my surprise CER held up well so I re-entered at $0.09 breakeven and plan to stick with it until, the current support level $0.05 has been breached or the stock has reached its 2005/06/07 levels of around $1.70 or until my better half takes my puter off me.

    So unless the company goes guts up, IMO, long term (if you consider 18 months long) CER looks promising at around the $1.70.

    Since my other methods predicting the market (wigi boards, tarot cards, picking letters out of a hat) have failed, I have to fall back on info from google, learned contributors on HC and my limited knowledge of charting, which shows support at $0.05 resistance at $0.11 with EMA 8, 13 and 21 trending upwardly at $0.085, $0.077 and $0.067 respectively as of today.

    Given the mess the general market is in CER appears to be hanging in there.


    Good luck to you all and happy fortunes.

    Respectfully,

 
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