daytrade diaries... june 24, page-39

  1. 718 Posts.
    Noticed CNX when flicking through old charts just then.

    Was almost tooo obvious that the low would be 37-38 cents. You can see so many bounces using that line as support AND resistance. That said, it does need to hold. The stochastics are looking good now though, a green day today should see them cross now.

    Could see it bounce back to 55 cents, however, weekly chart does not support this, so may see a smaller bounce.


    Photobucket
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.