CFE is undergoing a nice little correction of the 25.8% upmove from $0.31 to $0.39 -- along with the entire market. Stiff resistance will be encountered soon and any topping up of CFE positions should be done during this correction.
Toby Connor calls it a 'coil' in the S&P 500. Have a look at this chart [drawn yesterday before the big one-day fall].
http://www.goldscents.blogspot.com/
I am personally looking for our S&P ASX 200 to top 7000 within the next year and a half. CFE? Well, anything over a buck a share will be a good start.
Cheers,
Doomdog
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CFE is undergoing a nice little correction of the 25.8% upmove...
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