If there is an experienced chartist out there charting CXY ,I...

If there is an experienced chartist out there charting CXY ,I would appreciate your comment and / or assistance please.

I am still refining my charting skills , but thought I would try to give a short term trading answer to Bruce's previous question regarding the next 2-4 weeks.

I hope that this is not moderated as it is only my true observations and not "ramping".

I don't have a crystal ball and can only rely on trends of what is happening at the moment with the SP and try to minimise the investment risk (after fundamental research has been done)by comparing the current trend with what has happened in similar chart formations in the past.

Here we go :

For this stock
Resistance Levels:
Forward resistance levels are 15.5 (current price), 19.0 and then 30. So if 19 gets taken out it's toot ,toot all the way to 30c which was the last significant high since the 70 cent high of Mar 2000 and the $1.20+ high of 1997.

MACD Signal :
Last time this pattern accelerated upwards from this level of the MACD chart was in the last 2-3 weeks of August 2007 when it was a 2 1/2 bagger (approx)and set the current trend starting point , and
in the last 2 -3 weeks of May to June 2008 when it was a
2 bagger.

There appear to be a number of other patterns forming with this stock also , but I do not know enough about them yet to make comment.

If 30 cents get taken out , I'll need to redo the chart.

Another stock to reflect on past movements of a similar nature would be CNX.

Bear in mind that should World events move in a definite direction convincingly , then no prisoners will be taken.

I am also in this one for the long term and also hold ROG , ROGOA , CTP and LNC.

I am not a financial advisor of any sort and DYOR. I believe the coming weeks, months and years will be very interesting .

Good wishes to all fellow CXY and other CSG , UGCTL , etc.,investors .