Reggie - well said.
Charts are for short-term traders wanting to ramp one way of the other. Brokers/analysts use them to argue whatever they want - we all have stories about brokers/analysts getting it wrong - again and again. Screen world and real world are very different things.
CNP is traded on sentiment at the moment that's all there is to it.
IF we get good sales announcements and the annual results don't look too bad (including one offs) we should see the risk profile improve and some reality re-enter the valuation.
If people trade on a few cents SP swings, make your punt but spare me your tears. If you can't afford the loss, stay out of share trading. Particularly in CNP and others in similar delicate situations.
Having said that, I'm turning off my HC and await announcement of some actual news to come in rather than HC fears and rumours. Enough is enough.
Survival and good ongoing dividends please.
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