CVI 0.00% 0.3¢ cvi energy corporation limited

measured move up .50cent target

  1. 13,576 Posts.
    My fellow traders..as i do not hold the stock...i wanted to give a little clarity for those that are have a clouded judgement on the next move looking forward..what cvi has formed is a measured move up formation...calculated by the length of the first move... projected from the bottom of the secondary correction..giving it a projected move towards .50cents...The secondary rise should move faster than the first.(text book)..but it is not uncommon for it to correct slightly before the move capitulates...
    Why r u posting on cvi if u do not hold martis?..well my fellow traders ...i like to take uncertainty away when my fellow men are a little confused of whats coming....i hope martis has taken the doubt away.
 
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